Moratorium - Law Dictionary Search Results
Home Dictionary Name: moratoriummoratorium
moratorium pl: -riums or: -ria [New Latin, from Late Latin, neuter of moratorius dilatory, from morari to delay, from mora delay] 1 a : an authorized period of delay in the performance of an obligation (as the paying of a debt) b : a waiting period set by an authority 2 : a suspension of activity ...
moratoria
moratoria pl of moratorium ...
Postponement of Payments Act, 1914 (English)
Postponement of Payments Act, 1914 (English), a temporary Act expiring six months from the date of its passing (3rd August, 1914), and empowering His Majesty by Proclamation to postpone payment of bills of exchange and payments in pursuance of other obligations. Under this Act a 'moratorium' was at once proclaimed on the outbreak of the war with Germany, and subsequently renewed until 4th November, 1914, when it finally expired....
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