Legal Definitions - moratory

Term: Moratory
Definition: When something is moratory, it means that there is a delay or a pause. This can be especially related to a moratorium, which is when something is temporarily stopped or put on hold.
Examples: The government announced a moratory on evictions during the pandemic, which meant that landlords could not kick out tenants who were struggling to pay rent. Another example could be a moratory on new construction projects in a city, which would delay any new buildings from being built until the moratorium is lifted. These examples show how a moratory can be used to temporarily stop or delay something.