1 definition found From The Collaborative International Dictionary of English v.0.48 [gcide]: Moratory \Mor"a*to*ry\, a. [L. moratorius delaying, fr. morari to delay.] Of or pertaining to delay; esp., designating a law passed, as in a time of financial panic, to postpone or delay for a period the time at which notes, bills of exchange, and other obligations, shall mature or become due. [Webster 1913 Suppl.]
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