moratory

Definition of "moratory"
  1. Pertaining to or caused by a delay in fulfilling a duty or paying an obligation
How to use "moratory" in a sentence
  1. The borrower asked for a moratory period before starting the loan payments.
  2. Due to financial difficulties, the company sought a moratory solution to postpone debt payment.
  3. The customer was given a moratory extension on their outstanding bill due to unexpected circumstances.

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