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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, 2015. All Rights Reserved.date: 16 June 2019

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

Published under the auspices of the Max Planck Foundation for International Peace and the Rule of Law under the direction of Rüdiger Wolfrum.

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...
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