moratorium
B2CEFR level
65/100Rarity: rare
TechnicalRegister
Law noun
A legally sanctioned pause on enforcing debts against a struggling company.
The moratorium gave the board breathing space to negotiate a rescue.
Business noun
An officially authorised temporary suspension of an obligation, such as the repayment of debt.
The government declared a three-month moratorium on mortgage payments during the crisis.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
Get words like moratorium on your lock screen, a few a day, with review that makes them stick.
Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
On a computer?Scan with your iPhone camera.