moratorium

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  • noun

Synonyms for moratorium

Words related to moratorium

a legally authorized postponement before some obligation must be discharged

suspension of an ongoing activity

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References in periodicals archive ?
Cambridge Dictionary--Moratorium: noun [C] plural, moratoriums or moratoria
During the first six months of 2008, the state legislatures of Massachusetts, Minnesota, and New York considered legislation to impose moratoria on foreclosures, and legislation for a national moratorium was introduced in the U.
However, the clamor for compulsory foreclosure moratoria grew louder as the Depression worsened and the number of foreclosures rose.
During the Depression, many states enhanced borrower redemption rights, limited deficiency judgments, or made other changes that favored borrowers, and several states imposed moratoria on foreclosures.
Several states directed their state courts to grant moratoria in deserving cases, but little guidance was provided to the courts about how to determine which borrowers deserved relief.
The 27 states that adopted foreclosure moratoria during 1933 and 1934 are listed in Table 1, and the geographic distribution of states with moratoria is shown in Figure 4.
In the administration's experience, HUD has not curtailed the interest accrued during the moratoria as long as the servicer followed certain procedures.
Moratoria on public blessing rites for homosexual couples and on the election of any bishop who is living in a same-gender union.
Department of Housing and Urban Development (HUD) has issued two separate 90-day moratoria on foreclosures of FHA- insured properties located within specified zip codes in and around Baltimore City.
HUD has indicated that lenders will be given additional time to commence foreclosures after the moratoria end and, for loans already in foreclosure, interest will not be curtailed.