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moratory

[mawr-uh-tawr-ee, -tohr-ee, mor-]
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adjective
  1. authorizing delay of payment: a moratory law.

Origin of moratory

1890–95; < Late Latin morātōrius dilatory, equivalent to morā(rī) to delay; see mora + -tōrius -tory1
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018