4/2/2025, 7:36:25 AM
Definition of Moratorium
Moratorium
mor·a·to·ri·um
Definition/Meaning
(noun)
postponement or temporary suspension of an activity;
e.g. Zero percent interest on a credit card does not make it a moratorium, but rather allows the user to make purchases without accruing additional cost.
(noun)
a legally authorized postponement of debt repayment;
e.g. The debt is subject to a 2-year moratorium or grace period.
Translate this Word
Select a language from the dropdown and click "Translate Now" to see this word in your preferred language.
Similar Words
Opposite Words
Related Words
Comments
