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Meaning of moratorium

mor•a•to•ri•um

Pronunciation: (môr"u-tôr'ē-um, -tōr'-, mor"-), [key]
— pl. -to•ri•a -to•ri•ums.
  1. a suspension of activity: a moratorium on the testing of nuclear weapons.
  2. a legally authorized period to delay payment of money due or the performance of some other legal obligation, as in an emergency.
  3. an authorized period of delay or waiting.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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