moratory

adjective
mor·​a·​to·​ry | \ ˈmȯr-ə-ˌtȯr-ē \

Legal Definition of moratory

: of, relating to, or resulting from delay in the payment or performance of an obligation moratory interest

History and Etymology for moratory

French moratoire, from Late Latin moratorius

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“Moratory.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/moratory. Accessed 30 Nov. 2020.

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