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- Dictionarymoratorium/ˌmɒrəˈtɔːrɪəm/
noun
- 1. a temporary prohibition of an activity: "a moratorium on the use of drift nets"
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MORATORIUM definition: 1. a stopping of an activity for an agreed amount of time: 2. a stopping of an activity for an…. Learn more.
MORATORIUM meaning: 1. a stopping of an activity for an agreed amount of time: 2. a stopping of an activity for an…. Learn more.
Moratorium is commonly used to refer to official, legally authorized suspensions or postponements, especially involving payments on debts. It is also often used in a joking way to suggest a ban on something that one finds annoying.
The meaning of MORATORIUM is a legally authorized period of delay in the performance of a legal obligation or the payment of a debt. How to use moratorium in a sentence.
1. Law. a. A lawful suspension of the payment of certain debts during a period of financial or civil distress. b. The period during which such a suspension occurs. 2. A suspension of an ongoing or planned activity: a moratorium on timber cutting.
A moratorium on a particular activity or process is the stopping of it for a fixed period of time, usually as a result of an official agreement. They voted to impose a one-year moratorium on nuclear testing.
A moratorium is the suspension of a particular activity –– you could have a moratorium on fishing, baking, the use of candles, or the wearing of matching socks. Generally, moratoriums go into effect when something becomes seen as being not okay for now, but might go back to being okay later.
