The moratorium (emphasis on the second "o") is the voluntary postponement of any decision for a certain period or without specifying terms. In Latin, the word "moratorium" means a delay or delay.
In modern political contexts, the word "moratorium" is most often applied to the death penalty or the use of any weapons. Although in Russia the death penalty is not completely excluded from the legislation, an unlimited moratorium is in force. Therefore, even the most cruel murderers and monsters, we are replaced with a death penalty for life imprisonment. In the era of Perestroika, the United States and the USSR signed a mutual moratorium on testing nuclear weapons. And the word moratorium is actively used in financial and credit affairs as a synonym for the word "postponement."