moratorium - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “moratorium”

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moratorium

noun [C, usually singular]
 
 
/ˌmɒrəˈtɔːriəm/ ( plural moratoriums or moratoria)
a period of time during which a particular activity is stopped: a moratorium on sth The European Union imposed a two-year moratorium on new GM imports. end/impose/lift a moratorium
( also debt moratorium) FINANCE an agreed period of time during which a country does not have to pay its debt to other countries: An immediate debt moratorium would free resources for poor countries to spend on health and education programmes.
Translations of “moratorium”
in Chinese (Traditional) 暫停,中止…
in Chinese (Simplified) 暂停,中止…
(Definition of moratorium from the Cambridge Business English Dictionary © Cambridge University Press)
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