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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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