Multiple choice

Directions: Choose the word closest in meaning to the word below.

Moratorium

  1. Appease

  2. Legal delay of payment

  3. Letter

  4. Powerful person
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Moratorium refers to a temporary prohibition or suspension of an activity, often legally authorized. In financial contexts, it specifically means a legally authorized delay in payment or debt collection.

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