Mor"a*to*ry (?), a. [L. moratorius delaying, fr. morari to delay.] Of or pertaining to delay; esp., designating a law passed, as in a time of financial panic, to postpone or delay for a period the time at which notes, bills of exchange, and other obligations, shall mature or become due.

Mor"a*to*ry (?), a. [L. moratorius delaying, fr. morari to delay.] Of or pertaining to delay; esp., designating a law passed, as in a time of financial panic, to postpone or delay for a period the time at which notes, bills of exchange, and other obligations, shall mature or become due.