noun
moratorium
mor-uh-TOR-ee-um/ˌmɔːrəˈtɔːriəm/
A temporary suspension of an activity or postponement of an obligation.
The construction moratorium temporarily stops work before an authorized restart.

Etymology
The ancestor meant “tending to delay.” A moratorium originally authorized a debtor to postpone payment; that legal reprieve broadened into an official temporary suspension of an activity.
In context
the federal government ordered billions in rent relief and a temporary ban on evictions, first through the CARES Act, later through a moratorium issued by the CDC.
More examples
- The lenders agreed to a temporary payment moratorium.
- The moratorium will allow time for a review.
- They requested a moratorium while negotiations continued.
Forms
moratorium · moratoriums · moratoria