Source : Webster's Revised Unabridged Dictionary (1913)

Suspend \Sus*pend"\, v. i.
   To cease from operation or activity; esp., to stop payment,
   or be unable to meet obligations or engagements (said of a
   commercial firm or a bank).

Suspend \Sus*pend"\, v. t. [imp. & p. p. {Suspended}; p. pr. &
   vb. n. {Suspending}.] [F. suspendre, or OF. souspendre (where
   the prefix is L. subtus below, from sub under), L.
   suspendere, suspensum; pref. sus- (see {Sub-}) + pendere to
   hang. See {Pedant}, and cf. {Suspense}, n.]
   1. To attach to something above; to hang; as, to suspend a
      ball by a thread; to suspend a needle by a loadstone.

   2. To make to depend; as, God hath suspended the promise of
      eternal life on the condition of obedience and holiness of
      life. [Archaic] --Tillotson.

   3. To cause to cease for a time; to hinder from proceeding;
      to interrupt; to delay; to stay.

            Suspend your indignation against my brother. --Shak.

            The guard nor fights nor fies; their fate so near At
            once suspends their courage and their fear.
                                                  --Denham.

   4. To hold in an undetermined or undecided state; as, to
      suspend one's judgment or opinion. --Locke.

   5. To debar, or cause to withdraw temporarily, from any
      privilege, from the execution of an office, from the
      enjoyment of income, etc.; as, to suspend a student from
      college; to suspend a member of a club.

            Good men should not be suspended from the exercise
            of their ministry and deprived of their livelihood
            for ceremonies which are on all hands acknowledged
            indifferent.                          --Bp.
                                                  Sanderson.

   6. To cause to cease for a time from operation or effect; as,
      to suspend the habeas corpus act; to suspend the rules of
      a legislative body.

   7. (Chem.) To support in a liquid, as an insoluble powder, by
      stirring, to facilitate chemical action.

   {To suspend payment} (Com.), to cease paying debts or
      obligations; to fail; -- said of a merchant, a bank, etc.

   Syn: To hang; interrupt; delay; intermit; stay; hinder;
        debar.

Source : WordNet®

suspend
     v 1: hang freely; "The secret police suspended their victims from
          the ceiling and beat them"
     2: cause to be held in suspension in a fluid; "suspend the
        particles"
     3: bar temporarily; from school, office, etc. [syn: {debar}]
     4: stop a process or a habit by imposing a freeze on it;
        "Suspend the aid to the war-torn country" [syn: {freeze}]
     5: make inoperative or stop; "suspend payments on the loan"
        [syn: {set aside}]
     6: as of a prison sentence