- 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 moratorium
It was the moment that led Ryan to order a moratorium on the death penalty in Illinois.
In 2011, Illinois extended the moratorium begun under Governor Ryan into a full ban on capital punishment.
His Democratic challenger, Tom Wolf, has promised to issue a moratorium on executions if elected.
Most Pennsylvanians now support a moratorium on capital punishment until its efficacy can be determined.
Alongside Sister Helen Prejean, author of Dead Man Walking, he founded the Moratorium Campaign, an anti-death penalty effort.How America Started The Border Crisis
July 25, 2014
France, too, suffered in a like way from the paralysing effect of the moratorium.England and Germany
Emile Joseph Dillon
I don't think the Moratorium was intended to work in this sort of way.
The Bulgarians, by the way, began the war with a moratorium.The Balkan Peninsula
There ought to be a sort of moratorium in the matter of social laws.Robin
Frances Hodgson Burnett
We therefore resolved to entrench ourselves behind the Moratorium and prepared for a stubborn resistance.
- a legally authorized postponement of the fulfilment of an obligation
- an agreed suspension of activity
Word Origin and History for 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).