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.

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词条贡献者

双语律师Jenna，国际知名法学院环境法专业，擅长翻译各类与环境、社会及管治 (ESG)相关的法律文件。