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moratory

[mawr-uh-tawr-ee, -tohr-ee, mor-] /ˈmɔr əˌtɔr i, -ˌtoʊr i, ˈmɒr-/
adjective
1.
authorizing delay of payment:
a moratory law.
Origin
1890-1895
1890-95; < Late Latin morātōrius dilatory, equivalent to morā() to delay; see mora + -tōrius -tory1
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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