Moratorium

Moratorium

1) A period of time in which there is a suspension of a specific activity until future events warrant a removal of the suspension or issues regarding the activity have been resolved.

2) In bankruptcy law, a legally binding halt of the right to collect debt.

1) For example, if a company is going through rough times it might have a moratorium on advertising spending. In other words, to cut costs, it won't spend any money on advertising.

2) Such action may be imposed by a government, or taken voluntarily by a private business, usually in times of economic crisis such as an earthquake or flood, in order to provide people with time to stabilize their finances before dealing with potential problems such as a mortgage default and foreclosure.


Investment dictionary. . 2012.

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  • moratorium — mor·a·to·ri·um /ˌmȯr ə tȯr ē əm/ n pl riums or ria [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… …   Law dictionary

  • moratorium — mor‧a‧to‧ri‧um [ˌmɒrəˈtɔːriəm ǁ ˌmɔː ] noun moratoria PLURALFORM [ riə] or moratoriums PLURALFORM [countable usually singular] 1. a period of time when a particular activity is officially stopped …   Financial and business terms

  • Moratorium — may refer to: Moratorium (law) Moratorium (entertainment) Moratorium to End the War in Vietnam UN moratorium on the death penalty 2010 U.S. Deepwater Drilling Moratorium “Moratorium,” a song by Alanis Morissette on her album Flavors of… …   Wikipedia

  • Moratorium — Sn Aufschub einer fälligen Zahlung, Fristgewährung per. Wortschatz fach. (17. Jh.) Neoklassische Bildung. Neubildung zu l. morātōrius säumend, verzögernd , zu l. morārī in Verzug sein, säumen , zu l. mora f. Verzug, Verzögerung, Aufschub .… …   Etymologisches Wörterbuch der deutschen sprache

  • Moratorium — Mor a*to ri*um, n. [NL. See {Moratory}.] 1. (Law) A period during which an obligor has a legal right to delay meeting an obligation, esp. such a period granted, as to a bank, by a moratory law. [Webster 1913 Suppl.] 2. a suspension of an activity …   The Collaborative International Dictionary of English

  • Moratorium — (Anstandsbrief, Indult, Induciae), die Bewilligung, daß ein insolventer Schuldner auf eine bestimmte Zeit nicht von seinen Schuldnern verklagt u. daher gegen ihn namentlich auch nicht das Concursverfahren eingeleitet werden darf. Die… …   Pierer's Universal-Lexikon

  • moratorium — лат. (мораториум) мораторий, отсрочка введения в действие или исполнения каких либо обязательств, объявленная в одностороннем порядке или по соглашению сторон. Толковый словарь иностранных слов Л. П. Крысина. М: Русский язык, 1998 …   Словарь иностранных слов русского языка

  • Moratorĭum — (v. lat. mora, »Verzögerung«, Anstandsbrief, Indult, Literae dilatoriae, respirationis, securitatis), die einem zahlungsunfähigen Schuldner durch die staatliche Autorität erteilte Zahlungsfrist gegenüber seinen Gläubigern. Je nachdem es sich… …   Meyers Großes Konversations-Lexikon

  • Moratorium — Moratorĭum (lat.), Anstandsbrief, Indult (Littĕrae quinquennāles, dilatorĭae, respiratiōnis, securitātis), landesherrliche oder richterliche Verwilligung einer Zahlungsfrist für einen Schuldner; in Deutschland durch die Zivilprozeßordnung… …   Kleines Konversations-Lexikon

  • Moratorium — Moratorium, lat., Indult, Anstandsbrief, Quinquenell, richterliche Stundung der Klage gegen den Schuldner, mit Sicherstellung des Gläubigers …   Herders Conversations-Lexikon

  • moratorium — (n.) 1875, originally a legal term for authorization to a debtor to postpone payment, from neuter of L.L. moratorius tending to delay, from L. morari to delay, from mora pause, delay, from PIE *mere to hinder, delay. The word didn t come out of… …   Etymology dictionary

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