Moratorium

A moratorium is a temporary suspension of an activity or law until future consideration warrants lifting the suspension.

Till the suspension is lifted, the matter remains unaffected as if it were resolved.

Moratoriums are often imposed in response to temporary financial hardships.

In the aftermath of earthquakes, floods, droughts or disease outbreaks, an emergency moratorium on some financial activities may be granted by a government or the central bank. It is lifted when normalcy returns.