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moratoria

Variant of moratorium

noun pl. moratoriums or moratoria

  1. a legal authorization, usually by a law passed in an emergency, to delay payment of money due, as by a bank or debtor nation
  2. the effective period of such an authorization
  3. any authorized delay or stopping of some specified activity

Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio. Used by arrangement with John Wiley & Sons, Inc.

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