MORATORIUMS

Noun

moratoriums

plural of moratorium

Source: Wiktionary


MORATORIUM

Mor`a*to"ri*um, n. [NL. See Moratory.] (Law)

Definition: 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.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

1 July 2025

ENSLAVEMENT

(noun) the state of being a slave; “So every bondman in his own hand bears the power to cancel his captivity”--Shakespeare


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Coffee Trivia

The first coffee-house in Mecca dates back to the 1510s. The beverage was in Turkey by the 1530s. It appeared in Europe circa 1515-1519 and was introduced to England by 1650. By 1675 the country had more than 3,000 coffee houses, and coffee had replaced beer as a breakfast drink.

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