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
Understanding Moratoriums: Temporary Legal Suspensions Explained What Is a Moratorium? A moratorium temporarily suspends activities or laws, often during financial or legal hardships, to provide time for resolution Imposed by governments or businesses, they
What Does a Moratorium Mean and How Does It Work? A moratorium is a temporary suspension or halt of an activity or law It is imposed by an authoritative body, such as a government or regulatory agency This measure provides a period of delay, often to address a specific issue or crisis Moratoria can be applied across various sectors
Moratorium - definition of moratorium by The Free Dictionary 1 Law a 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 (law) - Wikipedia A moratorium is a delay or suspension of an activity or a law In a legal context, it may refer to the temporary suspension of a law to allow a legal challenge to be carried out
What Is a Moratorium? Definition and Practical Examples A moratorium is the delay of an activity or a law In business, it's most commonly used to describe a temporary halt to a financial activity, such as the repayment of a loan
Moratorium Definition - What Does Moratorium Mean? - Legal Explanations Moratorium is a legal term that originated from the Latin word "moratorius," which means "delaying " It is a declaration by a government or authority that postpones or temporarily suspends a specific activity or obligation for a particular period