Suspends the right of property ownersto obtain development approval while locallegislatures consider, draft, and adopt landuse regulations or rules to respond to new orchanging circumstances not adequately dealtwith by current laws.
Merriam-Webster Online Dictionarymoratorium
a) a legally authorized period of delay in the of a legal obligation or the payment of a debt - performance
b) a waiting period set by an authority
a of activity - suspension