Moratorium
(n) Moratorium is the declaration of deferment of any or all activity till a future date or happening of a future event or conclusion of the present state of affairs which warranted such a moratorium. Eg.
Moratorium:
The temporary suspension of legal action against a person.
moratorium
n. 1) any suspension of activity, particularly voluntary suspension of collections of debts by a private enterprise or by government or pursuant to court order. 2) in bankruptcy, a halt to the right to collect a debt.
Moratorium
Definition - Noun
[New Latin, from Late Latin, neuter of moratorius dilatory, from morari to delay, from mora delay]
1 a : an authorized period of delay in the performance of an obligation (as the paying of a debt) ...
While the moratorium has been successful in averting the extinction of whale species due to overhunting, contemporary whaling is subject to intense debate.
Stay: 1. A postponement; a moratorium. 2. To stop or halt, usually temporarily, a legal proceeding.
Stepchild: A child of one's wife or husband by a former marriage.
Stock broker: A person who buys and sells stocks for his clients.
During economic depressions many jurisdictions enact temporary mortgage moratorium statutes that give courts the discretionary power to refuse to foreclose mortgages.
 See also: State, Order, Action, Owing, Person
  
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