Meaning of “moratorium” in the English Dictionary

"moratorium" in British English

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(Definition of “moratorium” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"moratorium" in American English

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moratoriumnoun [ C ]

us /ˌmɔr·əˈtɔr·i·əm, ˌmɑr-, -ˈtoʊr-/

a stopping of an activity for an agreed period of time:

They are proposing a five-year moratorium on whaling.

(Definition of “moratorium” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"moratorium" in Business English

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moratoriumnoun [ C, usually singular ]

uk /ˌmɒrəˈtɔːriəm/ us 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.

(Definition of “moratorium” from the Cambridge Business English Dictionary © Cambridge University Press)

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