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Definition of Moratory
1. a. Of or pertaining to delay; esp., designating a law passed, as in a time of financial panic, to postpone or delay for a period the time at which notes, bills of exchange, and other obligations, shall mature or become due.
Definition of Moratory
1. Adjective. (legal finance) Pertaining to delay of payment or fulfilment of an obligation, as in "moratory interest". ¹
¹ Source: wiktionary.com
Definition of Moratory
1. authorizing delay of payment [adj]
Lexicographical Neighbors of Moratory
Literary usage of Moratory
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Conflict of Laws Relating to Bills and Notes: Preceded by a Comparative by Ernest Gustav Lorenzen (1919)
"moratory Laws."" Does the rule governing the defence of vis major apply where
... This question has been much discussed as a result of the French moratory ..."
2. The Hague Court Reports [1st]- Series: Comprising the Awards, Accompanied by by Permanent Court of Arbitration (1916)
"... this analogy appears particularly close between interest called moratory and
interest called compensatory. The analogy appears to be complete between ..."
3. The American Political Science Review &# (1918)
"1 LEGISLATIVE NOTES AND REVIEWS moratory and Stay Laws.1 A moratorium is an
extension of ... It has generally been assumed that moratory laws in the United ..."
4. The American State Reports: Containing the Cases of General Value and by Abraham Clark Freeman (1903)
"This is known as moratory interest (Wharton on Conflict of Laws, sec. ...
Briefly put, moratory interest is allowed, not as an clement of the damage which ..."
5. International Cases: Arbitrations and Incidents Illustrative of by Ellery Cory Stowell, Henry Fraser Munro (1916)
"To prove its point, Turkey would have to cite instances where moratory interest,
as Turkey understood it, was refused on the ground of its being ..."
6. A Treatise on the Conflict of Laws: Or, Private International Law by Francis Wharton (1881)
"moratory interest, as has been stated, is that which comes from delay in due ...
moratory According to the views just expressed, the law which is to ..."
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