Moratorium (noun) Definition, Meaning & Examples

noun, plural mor·a·to·ri·a [mawr-uh-tawr-ee-uh, -tohr-, mor-], /ˌmɔr əˈtɔr i ə, -ˈtoʊr-, ˌmɒr-/, mor·a·to·ri·ums.
  1. a suspension of activity: a moratorium on the testing of nuclear weapons.
  2. a legally authorized period to delay payment of money due or the performance of some other legal obligation, as in an emergency.
  3. an authorized period of delay or waiting.
noun plural -ria (-rɪə) or -riums
  1. a legally authorized postponement of the fulfilment of an obligation
  2. an agreed suspension of activity
Moratorium (noun) Definition, Meaning & Examples

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