Q:

What is a 'moratorium'

Answer

A moratorium is a delay in the payment of debts. The term is generally used to refer to acts by national governments. ChaCha!

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A moratorium is an authorized period of delay or waiting. Thanks for using Cha Cha, we are here for all your definition needs.

Mar 08 2009, 11:43pm | Source: moratorium definition |Dictionary.com | dictionary.reference.com
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