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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.
Jun 8, 2024 · A moratorium is a temporary suspension of an activity or law until future consideration warrants lifting the suspension, such as if and when the issues that led to the moratorium have...
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.
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.
MORATORIUM meaning: 1. a stopping of an activity for an agreed amount of time: 2. a stopping of an activity for an…. Learn more.
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.
moratorium (on something) a temporary stopping of an activity, especially by official agreement. The convention called for a two-year moratorium on commercial whaling. The government has called for a moratorium on weapons testing. He announced a moratorium on the building of new power stations.
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.
moratorium (noun) moratorium /ˌmorə ˈ torijəm/ noun. plural moratoriums or moratoria /- ˈtorijə/ /ˌmorə ˈtorijə/. Britannica Dictionary definition of MORATORIUM. [count] : a time when a particular activity is not allowed. The treaty calls for a nuclear testing moratorium. — often + on. a moratorium on nuclear testing.
Jul 7, 2021 · Bank Negara Malaysia announces a six-month moratorium starting July 2021.
