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moratori

 

Definitions from the Web

Moratori

Noun - Singular

A moratori refers to a temporary suspension or postponement of a particular activity, especially of payment obligations or debts.

Example sentence:

The company was facing financial difficulties, so it requested a moratori from its lenders, allowing it to delay the repayment of its loans.

Noun - Plural

Moratori can also refer to multiple instances of temporary suspensions or postponements.

Example sentence:

During the economic crisis, many individuals were granted moratori by their landlords, enabling them to delay rent payments until they found new jobs.

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