| Moratorium | |
 1) A period of time in which there is a suspension of a specific activity until future events warrant a removal of the suspension or issues regarding the activity have been resolved. |
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 1) For example, if a company is going through rough times it might have a moratorium on advertising spending. In other words, to cut costs, it won't spend any money on advertising. 2) Such action may be imposed by a government, or taken voluntarily by a private business, usually in times of economic crisis such as an earthquake or flood, in order to provide people with time to stabilize their finances before dealing with potential problems such as a mortgage default and foreclosure. |
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 Delisting: How It Happens And What It Means - We go over why companies are removed from the arenas of major stock exchanges and the implications of such events. Mortgages: How Much Can You Afford? - Answering this means number-crunching as well as factoring in other considerations and expenses. Understanding Your Mortgage - We walk through the steps needed to secure the best loan to finance the purchase of your home. Mortgages: The ABCs Of Refinancing - Learn how the various reasons for doing it can mean the difference between financial prudence and ruin. |
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