Top Definition
A temporary reprieve on making mortgage payments, usually after refinancing. Combination of "mortgage" and "moratorium."
Dude, sweet new flat-panel TV! But how are you going to pay your bills?
No sweat, I just got a refi so I have a one-month mortgagorium.
by debren27 August 02, 2010
Free Daily Email

Type your email address below to get our free Urban Word of the Day every morning!

Emails are sent from daily@urbandictionary.com. We'll never spam you.

×