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moratorium [(mawr-uh-tawr-ee-uhm)] A period of delay agreed to by parties to a dispute or parties who are negotiating. A moratorium may also be an authorized delay in the repayment of a loan, especially by a nation (as in a moratorium on war debts). The New Dictionary of Cultural Literacy, Third Edition Copyright Â© 2005 by Houghton Mifflin Company.
Death is the permanent termination of all biological functions which sustain an organism, and as such, is the end of its life. Extinction is the process by which an entire group or taxon, normally a species, dies out. Fossils are the preserved remains or traces of organisms.