moratorium

Definition

A period of time during which a certain activity is not allowed or required.

Use moratorium in a sentence

We were in the moratorium hour, which meant that we could not do what we wanted to do, because it was prohibited.

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The contract stipulated that there would be a moratorium on further activities until all the parties could be brought together to decide the final terms.

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There was a moratorium placed on hiring new employees after the business realized their profits were down that quarter, and could not afford to expand until their sales figures were up.

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morale hazard morbidity