(Law) A period during which an obligor has a legal right to delay meeting an obligation, esp. such a period granted, as to a bank, by a moratory law.
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"Moratorium" Quotes from Famous Books — Punch or the London Charivari, Vol. 147, December 16, 1914 • Various |
Words linked to "Moratorium" : time lag, delay, abeyance, suspension, postponement, hold, wait |
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