moratorium

moratorium
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:

• the lifting (= ending ) of a trade moratorium

moratorium on

• the US moratorium on the production and export of landmines

2. also ˈdebt moraˌtorium FINANCE a law or an agreement that gives countries, organizations etc more time to pay their debts:

• Banks have helped out several big property concerns on the verge of insolvency by offering debt moratoriums or other refinancing options.

moratorium on

• When a business finds itself seriously short of cash, it can ask its creditors for a moratorium on debt payments.

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   The suspension or delay by a borrower of repayments of principal, and sometimes of due interest, on a loan. If it is determined that interest will in fact be paid, then banks can continue to classify the loan as a performing asset. If neither principal nor interest is being paid it is a non-performing loan.

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moratorium UK US /ˌmɒrəˈtɔːriəm/ noun [C, usually singular] (plural moratoriums, plural moratoria)
► a period of time during which a particular activity is stopped: a moratorium on sth »

The European Union imposed a two-year moratorium on new GM imports.

 »

end/impose/lift a moratorium

► (also debt moratorium) FINANCE an agreed period of time during which a country does not have to pay its debt to other countries: »

An immediate debt moratorium would free resources for poor countries to spend on health and education programmes.


Financial and business terms. 2012.

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Look at other dictionaries:

  • 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 — 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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