moratory (Meaning)
moratory (a.)
Of or pertaining to delay; esp., designating a law passed, as in a time of financial panic, to postpone or delay for a period the time at which notes, bills of exchange, and other obligations, shall mature or become due.
Synonyms & Antonyms of moratory
No Synonyms and anytonyms found
moratory Sentence Examples
- The bank announced a moratory on loan repayments for borrowers affected by the economic downturn.
- The court granted a temporary moratory on the property foreclosure proceedings.
- The government imposed a moratory on new mining licenses due to environmental concerns.
- The labor union demanded a moratory on layoffs to prevent mass unemployment.
- The creditor requested a moratory on debt collection proceedings to give the debtor time to repay.
- The outbreak of the pandemic led to a widespread moratory on travel and gatherings.
- The debtor sought a moratory on interest payments to reduce their financial burden.
- The legislature enacted a moratory on rent increases to protect tenants from unaffordable housing.
- The police imposed a moratory on public demonstrations to prevent unrest.
- The board of directors voted to impose a moratory on new hires due to budget constraints.
FAQs About the word moratory
Of or pertaining to delay; esp., designating a law passed, as in a time of financial panic, to postpone or delay for a period the time at which notes, bills of
No synonyms found.
No antonyms found.
The bank announced a moratory on loan repayments for borrowers affected by the economic downturn.
The court granted a temporary moratory on the property foreclosure proceedings.
The government imposed a moratory on new mining licenses due to environmental concerns.
The labor union demanded a moratory on layoffs to prevent mass unemployment.
