- a suspension of activity: a moratorium on the testing of nuclear weapons.
- a legally authorized period to delay payment of money due or the performance of some other legal obligation, as in an emergency.
- an authorized period of delay or waiting.
Origin of moratorium
Examples from the Web for moratoria
In the meantime, he recommends states implement their own moratoria on the technology.The Pros and Cons of Killer Robots
May 30, 2013
- a legally authorized postponement of the fulfilment of an obligation
- an agreed suspension of activity
Word Origin and History for moratoria
Latin plural of moratorium.
1875, originally a legal term for "authorization to a debtor to postpone payment," from neuter of Late Latin moratorius "tending to delay," from Latin morari "to delay," from mora "pause, delay," from PIE *mere- "to hinder, delay." The word didn't come out of italics until 1914. General sense of "a postponement, deliberate temporary suspension" is first recorded 1932. Related: Moratorial.
A period of delay agreed to by parties to a dispute or parties who are negotiating. A moratorium may also be an authorized delay in the repayment of a loan, especially by a nation (as in a moratorium on war debts).