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Moratorium   /mˌɔrətˈɔriəm/   Listen
Moratorium

noun
(pl. moratoriums, moratoria)
1.
A legally authorized postponement before some obligation must be discharged.
2.
Suspension of an ongoing activity.





WordNet 3.0 © 2010 Princeton University


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"Moratorium" Quotes from Famous Books



... she increased her bills receivable by 3,000,000,000 francs, or about the same amount that the Bank of England discounted in pre-moratorium bills under the backing of the government. Each country took on $600,000,000 of mercantile credits, and both countries are now finding this item receding. In France the mercantile credits have been considerably reduced—the increase reduced nearly a half—because ...
— The Audacious War • Clarence W. Barron


Words linked to "Moratorium" :   abeyance, suspension, delay, postponement, wait, hold, time lag


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