lapse

  1. a mistake resulting from inattention
  2. a break or intermission in the occurrence of something
  3. a failure to maintain a higher state

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lapse

Generally, where a beneficiary dies before the testator, a devise or bequest fails or lapses
Found on http://www.encyclo.co.uk/visitor-contributions.php

lapse

An option 'lapses' if it expires worthless, that is, it has no intrinsic value on expiry.
Found on http://www.encyclo.co.uk/visitor-contributions.php

lapse

Occurs when the policyholder has failed to pay the premium. Differs from surrenders, although statistics often show 'lapses and surrenders' together.
Found on http://www.encyclo.co.uk/local/20197

lapse

[n] - a break or intermission in the occurrence of something 2. [v] - let slip 3. [v] - end, at least for a long time 4. [v] - drop to a lower level
Found on http://www.webdictionary.co.uk/definition.php?query=lapse

Lapse

The non-renewal of an insurance policy for any reason.
Found on http://www.encyclo.co.uk/local/20546

Lapse

In insurance terminology, a policy is deemed to have lapsed when the policyholder fails to pay the... <a target=_blank href='http://www.finance-glossary.com/terms/lapse.htm?id=824&ginPtrCode=00000&PopupMode=false' title='Read full definition of lapse'>more</a>
Found on http://www.finance-glossary.com/pages/home.htm

Lapse

Lapse noun [ Latin lapsus , from labi , past participle lapsus , to slide, to fall: confer French laps . See Sleep .] 1. A gliding, slipping, or gradual falling; an unobserved or imperceptible progress or passing away,; -- restricted usually to immaterial thi...
Found on http://www.encyclo.co.uk/webster/L/14

Lapse

Lapse intransitive verb [ imperfect & past participle Lapsed ; present participle & verbal noun Lapsing .] 1. To pass slowly and smoothly downward, backward, or away; to slip downward, backward, or away; to glide; -- mostly restric...
Found on http://www.encyclo.co.uk/webster/L/14

Lapse

Lapse transitive verb 1. To let slip; to permit to devolve on another; to allow to pass. « An appeal may be deserted by the appellant's lapsing the term of law.» Ayliffe. 2. To surprise in a fault or error; hence, to surprise or catch, as an offender. [ Obso...
Found on http://www.encyclo.co.uk/webster/L/14

lapse

1. A gliding, slipping, or gradual falling; an unobserved or imperceptible progress or passing away,; restricted usually to immaterial things, or to figurative uses. 'The lapse to indolence is soft and imperceptible.' (Rambler) 'Bacon was content to wait the lapse of long centuries for his expected revenue of fame.' (I. Taylor) ... 2. A slip; an er...
Found on http://www.encyclo.co.uk/local/20973

lapse

noun a break or intermission in the occurrence of something; `a lapse of three weeks between letters`
Found on https://www.encyclo.co.uk/local/20974

Lapse

• (v. i.) To pass slowly and smoothly downward, backward, or away; to slip downward, backward, or away; to glide; -- mostly restricted to figurative uses. • (v. t.) To surprise in a fault or error; hence, to surprise or catch, as an offender. • (v. t.) To let slip; to permit to devolve on another; to allow to pass. • (n.) A slip...
Found on http://thinkexist.com/dictionary/meaning/lapse/

lapse

lapse, lapsed, lapsing, lapses, lapsable, lapser 1. A momentary fault or failure in behavior or morality.2. A break in the continuity of something.3. A passage of time.4. A failure to exercise a right within a specified period of time, e.g., the failure to buy a property before the termination of an option to buy.4. To become null and void through ...
Found on http://www.wordinfo.info/words/index/info/view_unit/1148/

Lapse

(v) Lapse is the process by which an application, action, occurrence of an event, right etc become impossible, ineffective or otherwise inoperative. For example an appointment order lapse on the death of the appointee.
Found on http://www.encyclo.co.uk/local/21213

lapse

1) v. to fail to occur, particularly a gift made in a will. 2) v. to become non-operative. 3) n. the termination of a gift made by will or for future distribution from a trust, caused by the death of the person to whom the gift was intended (the beneficiary, legatee, devisee) prior to the death of the person making the will or creating the trust (t...
Found on http://dictionary.law.com/Default.xhtml?selected=1104

Lapse

A lapse causes a policy, right, or privilege to end because the person or institution that would ben
Found on http://www.superglossary.com/Glossary/Business/Taxes/

Lapse

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have antilapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the...
Found on http://www.nolo.com/dictionary/lapse-term.html

lapse

drop to a lower level, as in one's morals or standards
Found on https://www.vocabulary.com/lists/891399
No exact match found