moratoria

moratoria

A bank announced a moratoria on loan repayments for affected customers.

Definition
  1. Noun (plural form of ):
    • Legal suspension of debt payments: "Moratoria" refers to official authorizations that temporarily suspend the repayment of debts, often granted by a government or legal authority.
    • Pauses in activity: "Moratoria" can also mean periods during which a particular activity is officially stopped or delayed, usually due to danger or for strategic reasons.
Usage Examples
  • (Multiple official suspensions of debt payment.)
  • (Official pauses on a dangerous activity.)
  • (Temporary halts on business activities.)
Advanced Usage
  • "to impose moratoria": to officially establish a temporary suspension or pause.

    • The central bank imposed moratoria on all foreign currency transactions. (The bank ordered a halt to such exchanges.)
  • "to lift moratoria": to remove or end a temporary suspension.

    • After the hurricane, the city lifted the moratoria on building permits. (The city ended the pause on construction approvals.)
Variants and Related Words
  • Moratorium (singular noun): a single official suspension or pause.

    • A one-year moratorium on logging was announced. (A single pause on tree cutting.)
  • Moratorial (adj): relating to or involving a moratorium.

    • The moratorial period allowed debtors to reorganize their finances. (The period of suspension.)
Synonyms
  • Suspensions: temporary stops or pauses.
  • Halts: complete stops, often temporary.
  • Freezes: official prohibitions on movement or activity.
  • Stays: legal postponements of proceedings.
Related Idioms
  • Put a hold on: to temporarily stop something.

    • The board put a hold on all new hiring. (They paused recruitment.)
  • Call a timeout: to temporarily stop an activity (informal).

    • The negotiators called a timeout to review their positions. (They paused discussions.)