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moratorium
(redirected from moratoriums)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Moratorium
A temporary delay. An example of a moratorium is a delay in the payment of debt. That is, if too many people are unable to repay loans, the government may declare that no one is legally obligated to make debt service payments for a period of six months. Likewise, if a company is having a difficult year, it may declare a moratorium on research and development funding for two years in order to save money.
moratorium

A temporary cessation.Usually encountered in real estate when a local government suspends issuance of building permits in a particular area because, for example, the existing water line or sewer line capacity will not accommodate new growth.
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Cambridge Dictionary--Moratorium: noun [C] plural, moratoriums or moratoria A stopping of an activity for an agreed amount of time: a five-year worldwide moratorium on nuclear weapons testing.
Honour moratorium by Golden, Shara / Anglican Journal
To learn more about how moratoriums are legal planning tools in NC, read a report by Dr.
The wisdom of taking a pause to plan: Troy Amastar of Mountain Voices ... by New Life Journal
Who are all these people passing moratoriums on executions these days?
No Longer a Bleeding-Heart Issue by Hunter, Susannah / Sojourners
 
 
 
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