Definition, Meaning & Synonyms
moratorium
noun
/ˌmɔːrəˈtɔːriəm/
Definition
A temporary suspension of an activity or a law.
Examples
- The government declared a moratorium on the construction of new power plants.
- During the economic crisis, a moratorium on evictions was put in place.
- The company announced a moratorium on new hiring until it assesses its financial situation.
Meaning
A moratorium refers to a pause or a delay in an ongoing process, usually to allow time for further consideration or to address specific issues.
Synonyms
- Suspension
- Delay
- Postponement
- Halt
