MORATORIUM Definition Meaning - Merriam-Webster The meaning of MORATORIUM is a legally authorized period of delay in the performance of a legal obligation or the payment of a debt How to use moratorium in a sentence
Moratorium - definition of moratorium by The Free Dictionary A lawful suspension of the payment of certain debts during a period of financial or civil distress b The period during which such a suspension occurs 2 A suspension of an ongoing or planned activity: a moratorium on timber cutting
moratorium noun - Definition, pictures, pronunciation and usage notes . . . moratorium (on something) a temporary stopping of an activity, especially by official agreement The convention called for a two-year moratorium on commercial whaling The government has called for a moratorium on weapons testing He announced a moratorium on the building of new power stations
Moratorium - Definition, Meaning Synonyms - Vocabulary. com A moratorium is the suspension of a particular activity –– you could have a moratorium on fishing, baking, the use of candles, or the wearing of matching socks Generally, moratoriums go into effect when something becomes seen as being not okay for now, but might go back to being okay later
moratorium | Wex | US Law | LII Legal Information Institute A moratorium is the authorization to either postpone the repayment of debts or performance of obligations or to suspend some activity or law for a period of time, often indefinite in duration, until the purpose for which the moratorium was granted is satisfied or resolved
What Does Moratorium Mean? Definition Examples - Two Minute English A moratorium is a temporary stop to an activity or a delay in the process that is usually set by an authority It can apply to laws, payments, or other actions, giving people time to catch up or make decisions
moratorium - Meaning in Law and Legal Documents, Examples and FAQs A moratorium is a temporary pause or delay on a specific activity or obligation For example, it can be a halt on loan payments or a freeze on evictions This gives people or businesses time to recover or find solutions without facing immediate consequences