A "moratorium" designates the temporary suspension agreed by the lenders/investors of the reimbursement of Principal (and sometimes even of the payment of interests) in relation with a loan/bond, until the borrower's Creditworthiness improves.
Moratorium(See Chapter 46 of the Vernimmen)
A "moratorium" designates the temporary suspension agreed by the lenders/investors of the reimbursement of Principal (and sometimes even of the payment of interests) in relation with a loan/bond, until the borrower's Creditworthiness improves.
A "moratorium" designates the temporary suspension agreed by the lenders/investors of the reimbursement of Principal (and sometimes even of the payment of interests) in relation with a loan/bond, until the borrower's Creditworthiness improves.