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Moratorium

Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914

Bouvier's Law Dictionary and Concise Encyclopedia

A term designating a suspension of all, or of certain, legal remedies against debtors, sometimes authorized by law during times of financial distress. MORATUR or OEMORATUR IN LEGE. He demurs In law. He rests on the plead-