Moratorium
From Free net encyclopedia
Moratorium may refer to:
- Debt
- Entertainment
- Tax - federal or state.
The word moratorium may also be used to describe any situation where a regularly scheduled procedure is discontinued. For example, a moratorium on the death penalty was invoked in the United States by the Illinois Governor George H. Ryan. The basis of this was the exculpatory nature of DNA evidence. Therefore, the state suspended the use of the death penalty until all cases could be reviewed. In the European Union the death penalty is considered a form of cruel and unusual punishment, and its prohibition has been made a fundamental condition which must either be passed into the law of states hoping to join, or, as in the case of Latvia, its use be subject to a moratorium.