noun
definition
An authorization to a debtor, permitting temporary suspension of payments.
definition
A suspension of an ongoing activity.
example
Canada may put a moratorium on cloning for research.
Examples of moratorium in a Sentence
I want to declare a moratorium on further words.
The motion replaced an even tougher motion, which would have put a four-year moratorium on the general release of GM canola.
Pakistan has declared a unilateral moratorium on nuclear tests.
However, Ministers ruled out imposing a moratorium on special school closures.
The United States and Japan should not misjudge the DPRK's stance whereby it declared a moratorium on its satellite launches.
Mr Paul Szabo MP has called for an indefinite moratorium on embryo research.
The DPRK, in pledging to indefinitely extend its missile test moratorium, has also gone a step beyond anything contained in the Code.
In 1875 the banks were granted a moratorium, to enable them to obtain coin, but without result.
The forum also heard the CBD's own scientific advisors advocate caution, and African NGOs slam the move to overturn the moratorium.
Larry Stammer of the Los Angeles Times reports that Bishop Jon Bruno has said he will observe a personal moratorium on blessing same-sex unions.
In announcing a moratorium, India has already accepted the basic obligation of the CTBT.
The Forum had much to debate in light of the five-year moratorium on genetic testing which took effect from the start of November.
In the light of public concern the HGC had advised the government to set a two-year moratorium on genetic tests for insurance.
The outcry led the CBD to agree an international de-facto moratorium on use of Terminator in 2000.
But in August 1998, Russia devalued the rouble and declared a moratorium on its government bonds.
Norway resumed commercial whaling in 1993 under formal objection to the IWC moratorium which was introduced in 1986.
An international moratorium was introduced by the IWC in 1986 banning commercial whaling.
Norway complied with the moratorium until 1993, when it resumed commercial whaling.
This manufacturing moratorium on women's nylons caused what is referred to as the "Stocking Panic" and created a black market for criminals to sell a pair of nylons for a whopping 2000% markup.