moratorium

moratorium (mor-[schwa]-tor-ee-[schwa]m).

1. An authorized postponement, usu. a lengthy one, in the deadline for paying a debt or performing an obligation.

2. The period of this delay.

3. The suspension of a specific activity. Pl. moratoriums; moratoria.

---

词条贡献者

双语律师Andrew，欧洲名校国际税法专业，擅长翻译各类与国际税法相关的法律文件。