MORATORY

Etymology

Adjective

moratory (not comparable)

(legal, finance) Pertaining to delay of payment or fulfilment of an obligation.

Source: Wiktionary


Mor"a*to*ry, a. [L. moratorius delaying, fr. morari to delay.]

Definition: Of or pertaining to delay; esp., designating a law passed, as in a time of financial panic, to postpone or delay for a period the time at which notes, bills of exchange, and other obligations, shall mature or become due.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

22 March 2025

FREELANCER

(noun) a writer or artist who sells services to different employers without a long-term contract with any of them


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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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