moratory
- noun
- /ˈmɔːrəˌtɔːri/
- Formal
- After experiencing financial difficulties, the company requested a moratory to halt loan repayments temporarily.
Examples
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The court granted a moratory period for the defendant to gather evidence before the trial.
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Many businesses are seeking a moratory to ease financial strain.
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The government announced a moratory on new construction projects in the city center.
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After the natural disaster, the bank offered a moratory on loan repayments for affected customers.
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The court issued a moratory to temporarily halt the enforcement of the new regulation.
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The government declared a moratory on loan repayments.
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Due to unforeseen circumstances, the government announced a moratory on tax payments for struggling businesses.
Synonyms
A short stop in speaking or activity
A short time when something stops or is delayed
A temporary stop of an activity or service
A temporary official stop of an activity by those in charge
A pause in an activity or series that is usually temporary
A short quiet time when activity pauses
A temporary pause in use or activity
A failure to do something on time that causes legal trouble
Antonyms
How Long
- Formal
- Formal
Surface Forms
Morphology
moratory = morator + ory
The nominal sense uses the same non‑productive root + suffix pattern; learners cannot reliably infer the meaning from English component parts.
Etymology
Moratory comes from the Latin verb morari, meaning 'to delay', and is like the word moratorium. So a moratory as a noun is a temporary pause or suspension, for example a delay on loan payments or a hold on a project.