Debt moratorium definitions

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Debt moratorium

Debt moratorium logo #10101) International trade
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Debt moratorium

Debt moratorium logo #21000 A debt moratorium is a delay in the payment of debts or obligations. The term is generally used to refer to acts by national governments. A moratory law is usually passed in some special period of political or commercial stress; for instance, on several occasions during the Franco-Prussian War, the French government passed moratory laws. Their int...
Found on http://en.wikipedia.org/wiki/Debt_moratorium
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