moratory

[mawr-uh-tawr-ee, -tohr-ee, mor-]

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adjective

authorizing delay of payment: a moratory law.

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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