I don't think the Moratorium was intended to work in this sort of way.
Under this moratorium payments were permitted at first of 5 per cent, then 25 per cent.
A moratorium was set up by decree, but authorization for this already existed under the general laws.
The bank discounted large sums of pre-moratorium acceptances and paper; and yet even in these assets it is protected by the guarantee of the Government.
Government to declare a general moratorium on occasion.
The next day an Act was passed prolonging the Bank Holiday for three more days, and on August 6 a general Moratorium was declared.
The Government defaulted in the payments of the National Debt, and the Moratorium was extended to March 31.
Partial Moratorium decreed in the United Kingdom by Royal Proclamation.
On August 4 a moratorium was established by decree; repayments of deposits and on current account were limited to fifty lire, and the maximum of currency issue permitted to the banks was increased.
All questions to Ministers were postponed, and the Chancellor of the Exchequer introduced, without notice, a Postponement of Payments Bill, supplementing the Moratorium proclamation (p.
A general moratorium had already been proclaimed; the Government was empowered to extend it, and to render the notes of the Bank of Norway temporarily inconvertible into gold.
In Spain itself economic measures had to be taken; at the beginning of August a moratorium was established by decree, and the export of cereals and cattle for slaughter prohibited.
But the moratorium was necessary, and he hoped it would lead to a very different Amending Bill.
But Brown said the moratorium was over long ago, and could not be revived against them.
With the declaration of the moratorium we at once called a meeting of the managers of the hotels where most of the Americans were stopping, and without exception these men were very accommodating.
They say the Government will have to declare a moratorium .
I have this evening asked major cabinet departments and federal agencies to institute a 90-day moratorium on any new federal regulations that could hinder growth.
The moratorium was resorted to to avoid a general cataclysm of bankruptcies which might have occurred--not from actual insolvency but from mere insufficiency of cash.
The moratorium must be counted among the Governmental acts which, so far at least, have saved the day for business credits.
Yet this moratoriumdid not seem to him unreasonable.
Towards the end of October our entrenchments behind the Moratorium became untenable, but by that time we had received substantial reinforcements and were easily able to hold our own against the enemy's reckless frontal attacks.
We therefore resolved to entrench ourselves behind the Moratorium and prepared for a stubborn resistance.
The defences of the Moratorium did not save us from sundry annoying raids upon our supplies, the butcher being peculiarly active in this kind of warfare.
An amusing incident arising out of the moratorium came to light in the course of a lawsuit.
In France the moratorium and immunity from taxation gave a fillip to recklessness.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "moratorium" in a variety of sentences. We hope that you will now be able to make sentences using this word.
