Read the following passage on public administration and regulatory oversight carefully, and match each highlighted word with its precise contextual meaning as used in the text:
"In evaluating administrative compliance, the regulatory board decided to qualify its endorsement of the municipal infrastructure plan, citing persistent ambiguities in environmental risk mitigation. While proponent groups urged the agency to discount non-systemic risks to expedite project approval, the board maintained that unchecked execution could imperil long-term ecological stability. Furthermore, to husband state resources effectively during fiscal contraction, the oversight body required the municipality to reserve discretionary capital solely for contingency expenditures."
- qualifyTo restrict or make conditional an official endorsement
- discountTo minimize or disregard the significance of potential factors
- husbandTo manage or use resources frugally and economically
- reserveTo set aside or keep back for a specific future use