moratorium
noun
mor·a·to·ri·um
ˌmȯr-ə-ˈtȯr-ē-əm
ˌmär-
plural moratoriums or moratoria
ˌmȯr-ə-ˈtȯr-ē-ə
ˌmär-
1
a
: a legally authorized period of delay in the performance of a legal obligation or the payment of a debt
b
: a waiting period set by an authority
2
: a suspension of activity
Love words? Need even more definitions?
Merriam-Webster unabridged
Share