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Revision as of 04:38, 6 January 2013

A moratorium is a delay or suspension of an activity or a law. In a legal context, it may refer to the temporary suspension of a law to allow a legal challenge to be carried out.

For example, animal rights activists and conservation authorities may request fishing or hunting moratoriums to protect endangered or threatened animal species. These delays, or suspensions, prevent people from hunting or fishing the animals in discussion.

Another instance is a delay of legal obligations or payment. A legal official can order a delay of payment due to extenuating circumstances, which render one party incapable of paying another.

See also

References

  • Gilman, D. C.; Peck, H. T.; Colby, F. M., eds. (1905). New International Encyclopedia (1st ed.). New York: Dodd, Mead. {{cite encyclopedia}}: Missing or empty |title= (help)