Meaning of MORATORIUM
| Pronunciation: | | `moru'towreeum
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 WordNet Dictionary |
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- [n] suspension of an ongoing activity
- [n] a legally authorized postponement before some obligation must be discharged
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| | See Also: | | abeyance, delay, hold, postponement, suspension, time lag, wait | |
| Webster's 1913 Dictionary |
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| | Definition: | | \Mor`a*to"ri*um\, n. [NL. See {Moratory}.] (Law)
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.
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| Thesaurus Terms |
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| | Related Terms: | | afterthought, bind, block, blockage, bureaucratic delay, cancellation, delay, delayage, delayed reaction, detention, double take, dragging, freeze, grace period, halt, hang-up, hiatus, hindrance, holdup, interim, jam, lag, lagging, logjam, obliteration, obstruction, paperasserie, pause, postponement, red tape, red-tapeism, red-tapery, reprieve, respite, retardance, retardation, slowdown, slowness, slow-up, stay, stay of execution, stop, stoppage, suspense, suspension, tie-up, time lag, wait, write-off |
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