Moratorium meaning

môr'ə-tôr'ē-əm, mŏr'-
The definition of a moratorium is an authorized delay in an activity or obligation.

An example of a moratorium is a deferment on the payback on loans.

noun
3
0
A legal authorization, usually by a law passed in an emergency, to delay payment of money due, as by a bank or debtor nation.
noun
3
0
(law) An authorization to a debtor, permitting temporary suspension of payments. [from 19th c.]
noun
2
0
The effective period of such an authorization.
noun
1
0
Any authorized delay or stopping of some specified activity.
noun
1
0
Advertisement
A suspension of an ongoing activity. [from 20th c.]

Canada may put a moratorium on cloning for research.

noun
1
0
A suspension of an ongoing or planned activity.

A moratorium on timber cutting.

noun
0
0

Origin of moratorium

  • From Late Latin morātōrium neuter of morātōrius delaying from Latin morātus past participle of morārī to delay from mora delay
    From American Heritage Dictionary of the English Language, 5th Edition
  • New Latin from Late Latin morātōrium, noun use of the neuter of morātōrius (“moratory, delaying"), from Latin moror (“I delay"), from mora (“delay"), from Proto-Indo-European *mere (“to delay, hinder"). See also moratory.
    From Wiktionary