Define moratorium: a legally authorized period of delay in the performance of a legal obligation or the payment of a debt â moratorium in a sentence a legally authorized period of delay in the performance of a legal obligation or the payment of a debt; a waiting period set by an authorityâ¦
Restrictive Clause. A restrictive modifying clause (or essential clause) is an adjective clause that is essential to the meaning of a sentence because it limits the thing it refers to. The meaning of the sentence would change if the clause were deleted.
restrictive covenant. a legal promise restricting the grantor's freedom. It is used in relation to an undertaking, restrictive in nature, enforceable in equity against a purchaser of land with notice of the existence of the undertaking by an owner of benefited land in the neighbourhood.