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moratorium

[mawr-uh-tawr-ee-uh m, -tohr-, mor-] /ˌmɔr əˈtɔr i əm, -ˈtoʊr-, ˌmɒr-/
noun, plural moratoria
[mawr-uh-tawr-ee-uh, -tohr-, mor-] /ˌmɔr əˈtɔr i ə, -ˈtoʊr-, ˌmɒr-/ (Show IPA),
moratoriums.
1.
a suspension of activity:
a moratorium on the testing of nuclear weapons.
2.
a legally authorized period to delay payment of money due or the performance of some other legal obligation, as in an emergency.
3.
an authorized period of delay or waiting.
Origin
1870-1875
1870-75; < Neo-Latin, Late Latin morātōrium, noun use of neuter of morātōrius moratory
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for moratorium
  • The six-month moratorium is producing catastrophic results.
  • In 1986, the commission introduced a moratorium on all commercial hunting.
  • New Jersey currently has a moratorium on harvesting horseshoe crabs.
  • As a result, she's promised to put a moratorium on it.
  • No matter what the final judgment, there is consensus that the "moratorium from routine living" was worthwhile.
  • But to fairly evaluate the moratorium, a broader prospective is necessary.
  • The federal government's moratorium on new deepwater drilling is very unpopular in the region.
  • In their letter they favor a moratorium rather than a permanent ban.
  • The justices never officially imposed a moratorium.
  • Moreover, the increase in revenues is due to a moratorium allowing past evaders to pay.
British Dictionary definitions for moratorium

moratorium

/ˌmɒrəˈtɔːrɪəm/
noun (pl) -ria (-rɪə), -riums
1.
a legally authorized postponement of the fulfilment of an obligation
2.
an agreed suspension of activity
Derived Forms
moratory (ˈmɒrətərɪ; -trɪ) adjective
Word Origin
C19: New Latin, from Late Latin morātōrius dilatory, from mora delay
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for moratorium
n.

1875, originally a legal term for "authorization to a debtor to postpone payment," from neuter of Late Latin moratorius "tending to delay," from Latin morari "to delay," from mora "pause, delay," from PIE *mere- "to hinder, delay." The word didn't come out of italics until 1914. General sense of "a postponement, deliberate temporary suspension" is first recorded 1932. Related: Moratorial.

Online Etymology Dictionary, © 2010 Douglas Harper
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moratorium in Culture
moratorium [(mawr-uh-tawr-ee-uhm)]

A period of delay agreed to by parties to a dispute or parties who are negotiating. A moratorium may also be an authorized delay in the repayment of a loan, especially by a nation (as in a moratorium on war debts).

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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