Associations to the word «Moratorium»

Wiktionary

MORATORIUM, noun. (legal) An authorization to a debtor, permitting temporary suspension of payments. [from 19th c.]
MORATORIUM, noun. A suspension of an ongoing activity. [from 20th c.]

Dictionary definition

MORATORIUM, noun. A legally authorized postponement before some obligation must be discharged.
MORATORIUM, noun. Suspension of an ongoing activity.

Wise words

All the great things are simple, and many can be expressed in a single word: freedom, justice, honor, duty, mercy, hope.
Winston Churchill