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LEGAL WORD

Moratorium

Legal term · Insolvency law

Moratorium

  • Type: Legal term
  • Area of law: Insolvency law

1 What it means

A temporary bar on suits and recovery against a debtor during insolvency resolution.

2 Use it in a sentence

After admission, a moratorium stopped all recovery proceedings.

3 Make it stick

Write your own sentence using Moratorium about a case or topic you are studying this week, then check it against the meaning above.

4 Related words

InsolvencyResolution plan

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Educational content only, not legal advice.

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Educational content only — not legal advice.