lapse of right
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lapse — 1 / laps/ n: a termination or failure due to events, neglect, or time: as a: the failure of a bequest (as because the intended recipient dies before the testator) compare anti lapse statute b: the termination of an insurance policy because of… … Law dictionary
Lapse — (l[a^]ps), n. [L. lapsus, fr. labi, p. p. lapsus, to slide, to fall: cf. F. laps. See {Sleep}.] 1. A gliding, slipping, or gradual falling; an unobserved or imperceptible progress or passing away,; restricted usually to immaterial things, or to… … The Collaborative International Dictionary of English
lapse — ► NOUN 1) a brief failure of concentration, memory, or judgement. 2) a decline from previously high standards. 3) an interval of time. 4) Law the termination of a right or privilege through disuse or failure to follow appropriate procedures. ►… … English terms dictionary
lapse — [laps] n. [L lapsus, a fall: see LAP1] 1. a slip of the tongue, pen, or memory; small error; fault 2. a) a falling away from a moral standard; moral slip b) a falling or slipping into a lower or worse condition, esp. for a short time 3 … English World dictionary
lapse — lapse1 [ læps ] noun count 1. ) a short or temporary period when you fail or forget to do things in the right way: The man admitted driving over the speed limit and apologized for the lapse. lapse of: She was angered by her momentary lapse of… … Usage of the words and phrases in modern English
lapse — I UK [læps] / US noun [countable] Word forms lapse : singular lapse plural lapses 1) a) a short or temporary period when you fail or forget to do something in the right way The man admitted driving over the speed limit and apologized for the… … English dictionary
lapse — ▪ I. lapse lapse 1 [læps] verb [intransitive] 1. COMMERCE if a contract, agreement, or offer lapses, it ends because an agreed time limit has passed: • The customer has the right to exercise the option or allow the option to lapse. • There are… … Financial and business terms
lapse — /læps / (say laps) noun 1. a slip or slight error: a lapse of concentration. 2. a failure or miscarriage through some fault, slip, or negligence: a lapse of justice. 3. a gliding or passing away, as of time: *She took that up after a lapse of two …
Lapse — The cessation of a privilege, right or policy due to time or inaction. A lapse of a privilege due to inaction occurs when the party that is to receive the benefit does not fulfill the conditions or requirements set forth by a contract or… … Investment dictionary
lapse — lapser, n. /laps/, n., v., lapsed, lapsing. n. 1. an accidental or temporary decline or deviation from an expected or accepted condition or state; a temporary falling or slipping from a previous standard: a lapse of justice. 2. a slip or error,… … Universalium
lapse — 1 noun (C) 1 a short time when someone is careless or forgetful (+ in): There haven t been any lapses in security recently. (+ of): A single lapse of concentration cost Becker the game. | a memory lapse (=when you cannot remember something for a… … Longman dictionary of contemporary English