That’s a big word, worth at least three bucks to some.
I had to look it up.
Definition courtesy dictionary.com
noun, plural mor·a·to·ri·a [mawr-uh–tawr-ee-uh, –tohr-, mor-], mor·a·to·ri·ums.
a suspension of activity: a moratorium on the testing of nuclear weapons.
a legally authorized period to delay payment of money due or the performance of some other legal obligation, as in an emergency.
an authorized period of delay or waiting.
Now, I can see this in relation to current events here and people on furlough from their jobs. Our government is paying up to 80% of their wages (though there are now
catches conditions I believe).
There has been mention of delays and postponements of mortgage and loan repayments, and for some businesses, relaxation in tax returns. Let’s face it, most would be reporting losses for 2020 anyway.
The finances of hundred of thousands of people are in tatters, many businesses going to the wall because they can’t afford to pay their bills, moratorium or not.
Maybe it should be turned around and start with those requesting the money in the first place. Perhaps more creditors should defer asking for payment. After all, BIG Business has been raking in billions in profits in recent years, so they could afford to be generous.
Just my opinion in response to Fandango’s word challenge today