moratory definition

  • adjective:
    • Authorizing delay in payment.
    • with respect to hesitate of repayment or fulfilment of an obligation, as with "moratory interest".
    • Of or with respect to wait; esp., designating a law passed, such as a time of financial anxiety, to postpone or wait for a period the full time at which notes, expenses of change, as well as other obligations, shall mature or come to be because of.
  • others:
    • Of or related to moratorium; delaying: as, a moratory bill.
  • noun:
    • one that postpones the maturity of notes, bills of change, and the like.

Related Sources

  • Sentence for "moratory"
    • Besides these compensatory interests, the Church…
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