moratoriums

Meanings

• noun

  A temporary suspension of an activity or debt repayment, often applied during times of financial or economic hardship.

  - "The government declared a moratorium on evictions due to the economic impact of the pandemic."
  - "The company announced a moratorium on dividend payments to conserve cash during the crisis."

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Synonyms

hiatus , interruption , recess

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Rhymes

Words rhyming with moratoriums
quorum , porcupine , corporation

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Variants

List of all variants of moratoriums that leads to same result
moratoria , moratorium , moratoriums

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Etymology

origin and the way in which meanings have changed throughout history.

From the Latin word 'moratorium', meaning 'delay' or 'postponement'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The longest moratorium on evictions in U.S. history was during the Great Depression, which lasted from 1933 to 1935.

2. The term 'moratorium' was first used in the financial context during the 18th century, when it referred to a temporary suspension of interest payments on debt.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. forbearance: A similar concept to moratoriums, forbearance refers to a temporary suspension or reduction of debt payments, often granted by lenders to struggling borrowers.

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Quotes

Quotes by authors and personalities

1. In 2000, Illinois declared a "moratorium" on executions after 13 death-row inmates were exonerated.

   - Evan Thomas et al.,{it}Newsweek{/it},19 Nov. 2007

2. But one country's "moratorium" is another country's protectionism, and the U.S. is suspicious of Europe's actions.

   - Jeffrey Kluger,{it}Time{/it},13 Sept. 1999

3. The striped bass are recovering strongly after a "moratorium" on catching them.

   - John P. Wiley, Jr.,{it}Smithsonian{/it},November 1993

4. Her office was crammed with ungraded school papers, some of them dating back five years. She was far behind in her work—so far behind that she had declared a "moratorium" on school work until she could catch up on her grading.

   - Kurt Vonnegut, Jr.,{it}The Sirens of Titan{/it},1959

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Moratoriums have been used in various contexts, including politics, economics, and education. In politics, moratoriums on military action have been declared to allow for diplomatic negotiations. In economics, moratoriums on debt repayments have been implemented to help individuals and businesses weather financial crises. In education, moratoriums on standardized testing have been implemented to reduce test anxiety and focus on teaching.

How to Memorize "moratoriums"

1. visualize
   

   - Imagine a pause button being pressed on an activity or debt repayment.

2. associate
   

   - Associate the word with the idea of a break or pause.

3. mnemonics
   

   - Use the acronym 'MORA' to remember the meaning: Moratorium = 'M'oney 'O'ption 'R'estart 'A'gain.

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