MORATORIUM
\mˌɔːɹɐtˈɔːɹi͡əm], \mˌɔːɹɐtˈɔːɹiəm], \m_ˌɔː_ɹ_ɐ_t_ˈɔː_ɹ_iə_m]\
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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.
By Oddity Software
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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.
By Noah Webster.
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Delay in performing an obligation or taking an action legally authorized or simply agreed to be temporary.
By Henry Campbell Black
