moratorium moratorium  /ˌmɔ rə ˈtɔ ri əm/

Definition(s):

  1. (n) a legally authorized postponement before some obligation must be discharged
  2. (n) suspension of an ongoing activity

Usage(s):

  1. He endorsed a moratorium on offshore oil drilling.
  2. A moratorium on mining the nuclear fuel may end if a commission decides that it is safe to extract it.
  3. Governor Crist scrambles to sign on banks for a ninety day moratorium on home foreclosures.

News

  1. NY regulator calls for moratorium on "shadow insurance" practice

    (Reuters) - New York's top financial regulator has called for a national moratorium on certain transactions by life insurance companies that potentially put policyholders and taxpayers at greater risk, according to a regulatory report. ...
    on June 12, 2013     Source: Reuters via Yahoo! News

  2. Lakeville approves moratorium for medical marijuana centers

    LAKEVILLE — There will be a temporary moratorium until June 30, 2014, on potential medical marijuana treatment centers in Lakeville after the annual Town Meeting's unanimous vote Monday night.
    on June 12, 2013     Source: The Standard-Times

  3. County passes subdivision moratorium

    A moratorium on subdivision development was imposed by emergency action in a 2-1 vote of the Lincoln County Commission during a special meeting Friday.
    on June 12, 2013     Source: Ruidoso News

Quotes

  1. "The federal government not being able to do its job is not a reason for thousands of Louisianians to lose their jobs," Louisiana Governor Bobby Jindal said in response to the ruling. "We're pleased the court did not reinstate the moratorium....
    on Jul 9, 2010 By: Bobby Jindal Source: The State Column

  2. "My hope is that once direct talks have begun -- well before the moratorium has expired -- that that will create a climate in which everybody feels a greater investment in success," Obama said.
    on Jul 7, 2010 By: Barack Obama Source: BusinessWeek

  3. "As you think about a moratorium ...... make sure that the economic consequences aren't more damaging than the environmental consequences of the oil spill," Alexander told Salazar.
    on Jun 23, 2010 By: Lamar Alexander Source: The Associated Press

Word of the Day
tangible tangible
/ˈtæn dʒə bəl /