A moratorium on a particular activity or process is the stopping of it for a fixed period of time, usually as a result of an official agreement. The House voted to impose a one-year moratorium on nuclear testing
During the negotiation process, a period of 60 to 90 days during which EPA and potentially responsible parties may reach settlement but no site response activities can be conducted
{i} legally authorized delay in the payment of money due; abandonment of debts; temporary cessation of an activity (especially when dangerous or harmful)
In regard to the development of land, a temporary suspension or delay in the granting or approval of building permits, sewer and water hookups, or rezoning requests Such action may be initiated by a local government to allow time for a comprehensive growth management study which will be used to assist in formulating future growth plans
1 A temporary suspension of payments due under a financial obligation in order to help a distressed borrower recover from financial difficulties and aviod default and foreclosure 2 A temporary suspension of issuing building permits (See workout)
A legal permission to defer for a stated time the payment of a bond, debt, cheque, or other obligation This is done to enable the creditor to pull himself round by borrowing money, selling effects, or otherwise raising funds to satisfy obligations The device was adopted in 1891 in the Argentine Republics during the money panic caused by the Baring Brothers' difficulty, a default of some twenty millions sterling
a temporary prohibition on new construction, usually imposed by government as a response to rapid growth that threatens to exhaust the water and sewer system or that is inadequately controlled by local land-use regulations
A "hold" that was put on the decision process of the CSC to respond to the proposal submitted by NU as it applies to Phase One of the proposal http: //www cga state ct us/2002/act/Pa/2002PA-00095-R00HB-05609-PA htm
A period of time during which some type of activity is suspended A moratorium on the construction of new and expanded hog operations in North Carolina was recently extended to September 1, 1999