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Definition of Moratorium
1. Noun. A legally authorized postponement before some obligation must be discharged.
2. Noun. Suspension of an ongoing activity.
Definition of Moratorium
1. n. A period during which an obligor has a legal right to delay meeting an obligation, esp. such a period granted, as to a bank, by a moratory law.
Definition of Moratorium
1. Noun. (legal) An authorization to a debtor, permitting temporary suspension of payments. (defdate from 19th c.) ¹
2. Noun. A suspension of an ongoing activity. (defdate from 20th c.) ¹
¹ Source: wiktionary.com
Definition of Moratorium
1. [n -RIA or -RIUMS]
Lexicographical Neighbors of Moratorium
Literary usage of Moratorium
Below you will find example usage of this term as found in modern and/or classical literature:
1. Problems Surrounding the Mortgage Origination Process: Congressional Hearing edited by Lauch Faircloth, Connie Mack (2000)
"The time is ripe for action, and although the moratorium is an unusual approach,
... In 1995, Congress enacted legislation that imposed a moratorium on the ..."
2. Effects of the War on Money, Credit and Banking in France and the United States by Benjamin McAlester Anderson (1919)
"CHAPTER X The moratorium in France In an earlier chapter dealing with the outbreak
of the war we have seen how rigorous a moratorium was established in ..."
3. Preliminary Economic Studies of the War by Carnegie Endowment for International Peace Division of Economics and History (1919)
"CHAPTER X The moratorium in France In an earlier chapter dealing with the outbreak
of the war we have seen how rigorous a moratorium was established in ..."
4. Mitterrand Legacy and the Future of French Security Policy by Ronald Tiersky (1996)
"THE NUCLEAR TEST moratorium President Mitterrand announced in April 1992 that
France would begin a formal moratorium on further nuclear tests. ..."
5. International Finance and Its Reorganization by Elisha Michael Friedman (1922)
"However, if the security should be inadequate to pay the loan when due, the loan
bureau had recourse to all the assets of the borrower. v. moratorium The ..."
6. War and Lombard Street by Hartley Withers (1915)
"WAR AND LOMBARD STREET CHAPTER I THE moratorium IT came upon us ... At the end
of July,, any citizen of London who was asked what a moratorium meant would ..."
7. Maintaining Budgetary Discipline: Spending and Revenue Options edited by Sherry Snyder (1999)
"This option proposes placing a 10-year moratorium on future appropriations for
land acquisition by those departments. It would provide for a small annual ..."
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