payment moratorium

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• moratorium — mor·a·to·ri·um /ˌmȯr ə tȯr ē əm/ n pl riums or ria [New Latin, from Late Latin, neuter of moratorius dilatory, from morari to delay, from mora delay] 1 a: an authorized period of delay in the performance of an obligation (as the paying of a… …   Law dictionary

• moratorium — (n.) 1875, originally a legal term for authorization to a debtor to postpone payment, from neuter of L.L. moratorius tending to delay, from L. morari to delay, from mora pause, delay, from PIE *mere to hinder, delay. The word didn t come out of… …   Etymology dictionary

• moratorium — ► NOUN (pl. moratoriums or moratoria) 1) a temporary prohibition of an activity. 2) Law a legal authorization to debtors to postpone payment. ORIGIN Latin, from morari to delay …   English terms dictionary

• moratorium — [môr΄ə tôr′ē əm] n. pl. moratoriums or moratoria [môr΄ə tôr′ēə] [ModL < neut. of LL moratorius, delaying < L morari, to delay < mora, a delay: see MERIT] 1. a legal authorization, usually by a law passed in an emergency, to delay payment …   English World dictionary

• Moratorium (law) — A moratorium is a delay or suspension of an activity or a law. In a legal context, it may refer to the temporary suspension of a law to allow a legal challenge to be carried out. For example, Animal rights activists and conservation authorities… …   Wikipedia

• moratorium — /mawr euh tawr ee euhm, tohr , mor /, n., pl. moratoria / tawr ee euh, tohr /, 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… …   Universalium

• moratorium — mor•a•to•ri•um [[t]ˌmɔr əˈtɔr i əm, ˈtoʊr , ˌmɒr [/t]] n. pl. to•ri•a [[t] ˈtɔr i ə, ˈtoʊr [/t]] to•ri•ums 1) a suspension of activity: a moratorium on nuclear testing[/ex] 2) a legally authorized period to delay payment of money due or the… …   From formal English to slang

• moratorium — noun (plural riums or moratoria) Etymology: New Latin, from Late Latin, neuter of moratorius dilatory, from Latin morari to delay, from mora delay Date: 1875 1. a. a legally authorized period of delay in the performance of a legal obligation or… …   New Collegiate Dictionary

• moratorium — n. legally authorized delay in the payment of money due; abandonment of debts; temporary cessation of an activity (especially when dangerous or harmful)mor·a·to·ri·um || ‚mÉ”rÉ™ tÉ”rɪəm /‚mÉ’rÉ™ tɔː …   English contemporary dictionary

• moratorium — [ˌmɒrə tɔ:rɪəm] noun (plural moratoriums or moratoria rɪə) 1》 a temporary prohibition of an activity. 2》 Law a legal authorization to debtors to postpone payment. Origin C19: mod. L., neut. (used asnoun) of late L. moratorius delaying , from L.… …   English new terms dictionary

• moratorium — A period during which an obligor has a legal right to delay meeting an obligation. Anno: 137 ALR 1380. Legislation extending the time for payment of indebtedness. 3 Am J2d Agri § 30. Legislation providing in some manner for the temporary relief… …   Ballentine's law dictionary