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
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