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Max Planck Encyclopedia of Public International Law [MPEPIL]

Moratorium

Sheetal Asrani-Dann, Philipp Dann

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2021. All Rights Reserved.date: 17 April 2021

Subject(s):
Debts — Treaties, invalidity, termination, suspension, withdrawal — Unilateral acts

Published under the auspices of the Max Planck Institute for Comparative Public Law and International Law under the direction of Professor Anne Peters (2021–) and Professor Rüdiger Wolfrum (2004–2020). 

1 A moratorium (from Latin: moratorius dilatory, morari to delay) can be defined as the temporary suspension of a claim, right, or obligation. It may be used to suspend a party’s claims and thus benefit other parties (eg the suspension to claim debts), to suspend a party’s right and thus benefit a public good (eg the suspension of the right to hunt whales; Whaling) or to suspend a party’s obligations and thus benefit the suspending party itself (eg the suspension of treaty obligations).2 The concept, used in various areas of law, has not attracted much attention...
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