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Moratorium   /mˌɔrətˈɔriəm/   Listen
Moratorium

noun
(pl. moratoriums, moratoria)
1.
A legally authorized postponement before some obligation must be discharged.
2.
Suspension of an ongoing activity.






WordNet 3.0 © 2010 Princeton University








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"Moratorium" Quotes from Famous Books



... feeling of Germany against England, nowhere was it so bitter as in Hamburg. Here the hate was born of more than national sentiment; it was of the pocket; of seeing fortunes that had been laboriously built dwindling, once thriving businesses in suspended animation. There was no moratorium in name; there was worse than one in fact. A patriotic freemasonry in misfortune took its place. No business man could press another for the payment of debts lest he be pressed in turn. What would happen when the war was over? How long would ...
— My Year of the War • Frederick Palmer

... a Moratorium on you. I don't know, of course, if that's quite the correct phrase. The thing is new to me. But at least I can see how it works. You had better try James. He owes you five, and he never reads the papers, so he may not have heard ...
— Punch, or the London Charivari, Vol. 147, August 19th, 1914 • Various

... the insensate policy pursued by the Allies for the last four years has so completely ruined her finances, that for the time being she can pay nothing at all; and for a shorter or longer period it is certain that there is now no alternative to a moratorium. ...
— Essays in Liberalism - Being the Lectures and Papers Which Were Delivered at the - Liberal Summer School at Oxford, 1922 • Various



Words linked to "Moratorium" :   time lag, wait, suspension, postponement, abeyance, delay, hold



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