moratorium Look up moratorium at Dictionary.com
1875, originally a legal term for "authorization to a debtor to postpone payment," from neut. of L.L. moratorius "tending to delay," from L. morari "to delay," from mora "pause, delay," originally "standing there thinking." The word didn't come out of italics until 1914. General sense of "a postponement, deliberate temporary suspension" is first recorded 1932.