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- Dictionarymor·a·to·ri·um/ˌmôrəˈtôrēəm/
noun
- 1. a temporary prohibition of an activity: "an indefinite moratorium on the use of drift nets"
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MORATORIUM definition: 1. a stopping of an activity for an agreed amount of time: 2. a stopping of an activity for an…. Learn more.
The meaning of MORATORIUM is a legally authorized period of delay in the performance of a legal obligation or the payment of a debt. How to use moratorium in a sentence.
What does moratorium mean? A moratorium is most commonly an official suspension or delay of some activity. Moratorium often specifically refers to the postponement of the requirement to make some kind of payment, such as rent.
MORATORIUM meaning: 1. a stopping of an activity for an agreed amount of time: 2. a stopping of an activity for an…. Learn more.
A moratorium is the suspension of a particular activity –– you could have a moratorium on fishing, baking, the use of candles, or the wearing of matching socks. Generally, moratoriums go into effect when something becomes seen as being not okay for now, but might go back to being okay later.
A moratorium on a particular activity or process is the stopping of it for a fixed period of time, usually as a result of an official agreement. They voted to impose a one-year moratorium on nuclear testing.
1. Law. a. A lawful suspension of the payment of certain debts during a period of financial or civil distress. b. The period during which such a suspension occurs. 2. A suspension of an ongoing or planned activity: a moratorium on timber cutting.
moratorium (on something) a temporary stopping of an activity, especially by official agreement. The convention called for a two-year moratorium on commercial whaling. The government has called for a moratorium on weapons testing. He announced a moratorium on the building of new power stations. Oxford Collocations Dictionary. Word Origin.
Moratorium Definition. A lawful suspension of the payment of certain debts during a period of financial or civil distress. A legal authorization, usually by a law passed in an emergency, to delay payment of money due, as by a bank or debtor nation. The effective period of such an authorization.
What does the noun moratorium mean? There are three meanings listed in OED's entry for the noun moratorium. See ‘Meaning & use’ for definitions, usage, and quotation evidence. moratorium has developed meanings and uses in subjects including economics and commerce (1850s) law (1850s) psychology (1960s) See meaning & use
