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Definitions of Moratorium
Pronunciation : Mor`a*to"ri*um
Part of Speech : n.
Definition : Defn: A period during which an obligor has a legal right to delay meeting an obligation, esp. such a period granted, as to a bank, by a moratory law.

[NL. See Moratory.] (Law)
Source : Webster's Unabridged Dictionary, 1913

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