aśeṣāgha-haraṁ viduḥ

saṅketyam-as an assignation; parihasyam-jokingly; va-or; stobham-as musical entertainment; helanam-neglectfully; eva-certainly; va-or; vaikuntha-of the Lord; nama-grahanam-chanting the holy name; asesa-unlimited; agha-haram-neutralizing the effect of sinful life; viduh-advanced transcendentalists know.