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moratoria

moratorium

noun moh-rah-TOH-ryah Rare

Origin: Late Latin moratorius (tending to delay)

Usage Note

Moratoria is a formal suspension or delay of an obligation, typically financial or legal: moratoria de la deuda ('debt moratorium'). It is a feminine noun, and the related adjective is moratorio.

Examples

"El gobierno declaró una moratoria fiscal."

Natural Translation

The government declared a tax moratorium.

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