IPA: /ˌmɔːrəˈtɔːriəm/
KK: /mɔːrəˈtɔːriəm/
A temporary pause or delay in an activity or obligation, often authorized by an authority.
The government announced a moratorium on new construction projects until further notice.
Moratorium → It is formed from "mora" (from Latin, meaning delay or pause) and "-torium" (a suffix used to denote a place or condition). The word "moratorium" refers to a condition or place where a delay or pause is officially sanctioned.
Think of a 'delay' ('mora') that is officially allowed ('-torium'). This helps you remember that a moratorium is a period where something is temporarily halted.