Lapse

Lapse,

Definition of Lapse:

  1. An interval or passage of time.

  2. (of a right, privilege, or agreement) become invalid because it is not used, claimed, or renewed; expire.

  3. When a policy lapses, it usually occurs because one party fails to act on its obligations, or one of the terms on the policy is breached; an insurance policy will lapse if the holder does not pay the premiums, for example. The right given by an options contract will lapse when the option reaches maturity, at which time the holder will no longer possess the right to buy or sell the underlying asset.

  4. A temporary failure of concentration, memory, or judgment.

  5. A lapse is the cessation of a privilege, right or policy due to the passage of 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 agreement.

  6. The cancellation of a policy due to the non-payment of the premium due.

  7. Pass gradually into (an inferior state or condition).

Synonyms of Lapse

Deteriorate, Decline, Fall, Fall off, Drop, Worsen, Degenerate, Decay, Rot, Backslide, Regress, Retrogress, Get worse, Sink, Wane, Slump, Fail, Failure, Failing, Slip, Error, Mistake, Blunder, Fault, Omission, Oversight, Negligence, Dereliction, Interval, Gap, Pause, Intermission, Interlude, Lull, Hiatus, Break, Abeyance, About-face, Advance, Alchemy, Apostasy, Apostatize, Assimilation, Assumption, Atavism, Atheism, Atrocity, Backing, Backset, Backslide, Backsliding, Backward deviation, Backward motion, Backward step, Balk, Be all over, Be caught napping, Be gone, Be neglectful, Be negligent, Be no more, Be past, Become extinct, Become void, Becoming, Bevue, Blooper, ■■■■ over, Blunder, ■■■■■, Breach, Break, Bull, Bungle, Cadence, Caesura, Catabasis, Catenary, Cave, Cave in, Cease, Cease-fire, Cessation, Change, Change-over, Close, Closing, ■■■■, Collapse, Comedown, Continue, Conversion, Crash, Crime, Crime against humanity, Culpa, Culpable negligence, Day off, Deadly sin, Debasement, Decadence, Decadency, Deceleration, Declension, Declination, Decline, Decline and fall, Decrescendo, Decurrence, Default, Deformation, Degeneracy, Degenerate, Degenerateness, Degeneration, Degradation, Delinquency, Demotion, Depravation, Depravedness, Depreciation, Dereliction, Derogation, Descend, Descent, Desertion, Deteriorate, Deterioration, Deviate, Devolution, Die, Die away, Diminish, Diminuendo, Diminution, Disappear, Disenchantment, Disregard, Dive, Downtrend, Downturn, Downward mobility, Downward trend, Droop, Drop, Dwindling, Dying, Ebb, Effeteness, Elapse, End, Endure, Enormity, Err, Error, Evil, Expire, Fade, Fading, Fail, Failing, Failure, Failure of nerve, Fall, Fall again into, Fall astern, Fall away, Fall back, Fall behind, Fall from grace, Fall into error, Fall off, Falling back, Falling-off, False move, False step, Fault, Felony, Flip-flop, Flit, Flop, Flop down, Flow, Flow on, Fluff, Flump, Flump down, Fly, Foible, Founder, Frailty, Gap, Genocide, Get behind, Give way, Glide, Gloss over, Go amiss, Go astray, Go awry, Go backwards, Go behind, Go by, Go down, Go downhill, Go off, Go on, Go out, Go wrong, Goof, Growth, Guilty act, Have a relapse, Have it, Have its time, Have run out, Heavy sin, Hesitation, Hiatus, Hit a slump, Hit rock bottom, Hit the skids, Hold-up, Holiday, Homestretch, Ignore, Impiety, Impiousness, Impropriety, Inadvertence, Inadvertency, Inattention, Indiscretion, Inexpiable sin, Iniquity, Injury, Injustice, Interim, Interlude, Intermezzo, Intermission, Intermittence, Interruption, Interval, Involution, Irreligion, Irreverence, ■■■■ back, Laches, Lacuna, Laissez-faire, Lapse back, Lapse from grace, Lapsus calami, Lapsus linguae, Last, Last lap, Last round, Last stage, Laxity, Laxness, Layoff, Let go, Let ride, Let slide, Let slip, Letup, Loose thread, Looseness, Lose ground, Lose sight of, Lose track of, Loss of tone, Lower, Lowering, Lull, Malefaction, Malfeasance, Malum, Minor wrong, Miscalculate, Miscue, Misdeed, Misdemeanor, Misfeasance, Misstep, Mistake, Mortal sin, Naturalization, Neglect, Neglectfulness, Negligence, Nod, Nonfeasance, Noninterference, Nonperformance, Nonrestriction, Not care for, Not get involved, Not heed, Not think, Offense, Omission, Outrage, Overlook, Overlooking, Oversight, Pass, Pass away, Pass by, Pass over, Passage, Pause, Peccadillo, Peccancy, Permissiveness, Plop, Plop down, Plump, Plunge, Poor stewardship, Press on, Proceed, Procrastination, Progress, Pull back, Re-formation, Reach the depths, Reaction, Recede, Recess, Recession, Recidivate, Recidivation, Recidivism, Reclamation, Reconversion, Recreancy, Recrudescence, Recur to, Recurrence, Reduction, Reentry, Refluence, Reflux, Regress, Regression, Rehabilitation, Reinstatement, Relapse, Remission, Remissness, Renewal, Resolution, Respite, Rest, Restitution, Restoration, Retreat, Retroaction, Retrocede, Retrocession, Retroflex, Retroflexion, Retrogradation, Retrograde, Retrogress, Retrogression, Retroversion, Retrovert, Retrusion, Return, Return to, Returning, Reversal, Reverse, Reversion, Revert, Revert to, Reverting, Revulsion, Roll on, Rollback, Run, Run down, Run its course, Run on, Run out, Sag, Set, Setback, Settle, Settle down, Shift, Shortcoming, Sin, Sin of commission, Sin of omission, Sinful act, Sink, Sink back, Sink down, Sinkage, Slackness, Sleep, Slide, Slide back, Slight, Slip, Slip away, Slip back, Slip up, Slippage, Slipping back, Slipup, Slouch, Slowdown, Slump, Slump down, Stand-down, Stay, Sternway, Stop, Stray, Stumble, Submerge, Submergence, Subside, Subsidence, Suspension, Swag, Switch, Switch-over, Take for granted, Terminate, Throwback, Tort, Touch bottom, Transformation, Transgression, Transit, Transition, Trespass, Trip, Truce, Turn, Turnabout, Turning into, Undutifulness, Unrigorousness, Unutterable sin, Vacation, Venial sin, Vice, Violation, Volte-face, Wander, Wane, Wear away, Wear off, Wrong, Wrong step, Yield again to, Expired, Void, Invalid, Run out, Out of date, Terminated, Discontinued, Unrenewed

How to use Lapse in a sentence?

  1. A lapse is when the benefits and everything else stated in a contract no longer remain active because the contract holder has failed to honor requirements and conditions set forth by a contract or agreement.
  2. My membership to the gym has lapsed.
  3. The country has lapsed into chaos.
  4. A lapse of concentration in the second set cost her the match.
  5. There was a considerable lapse of time between the two events.
  6. Examples of lapses are lapsed life insurance policies and stock shares.

Meaning of Lapse & Lapse Definition

Lapse,

How Do You Define Lapse?

Termination of insurance contract due to non-payment of premium by the insurer.

Lapse refers to Termination of non-payment insurance coverage after a certain period of time.

Losses occur when certain benefits do not apply. In the context of insurance, this is usually the end of insurance coverage. Insurance losses can occur if the insurance fails to pay the premium you owe.

Lapse refers to Loss is the expiration of an authority, right or policy due to lapse of time or inactivity. The right to retention is terminated by inactivity if the party to whom the service is provided does not comply with the agreement or the terms and conditions set forth in the agreement.

  • Confiscation occurs when the services and everything that was contracted is enforced because the contractor does not comply with the terms of the contract or agreement.
  • Examples of maturity are life and equity insurance.

Meaning of Lapse: Termination or suspension of policy for non-payment of premium.

Meanings of Lapse

  1. Short or temporary failure of detention, memo or decision.

  2. Time lapse or time lapse.

  3. (Of a right, privilege or agreement) becomes invalid because it is not used, claimed or updated.

  4. Slowly move towards (lower state or state).

Sentences of Lapse

  1. The lack of concentration in the second set paid off for the match.

  2. There is a long way between the two events.

  3. Let your CND subscription expire.

  4. The country fell into disarray.

Synonyms of Lapse

go to the dogs, become obsolete, become invalid, passing, period, go to pot, slip-up, span, go down the toilet, spell

Lapse,

Lapse:

Termination of insurance coverage in case of non-payment after a certain period.

Marcus Reeves is a writer, editor and journalist. Articles on business and pop culture have appeared in several major publications, including the New York Times, The Washington Post, Rolling Stone, and the San Francisco Chronicle. He is an assistant professor of writing at New York University.

  • Confiscation occurs when the benefits and rights set forth in a contract are no longer valid because the contract holder violates the terms and conditions set forth in a contract or agreement.
  • For example, inactivity, timing, or failure to pay your dues may result in a lack of time.
  • If the option does not expire as per the terms of the contract, the stock option becomes void.
  • Policyholders whose insurance coverage has expired are usually more.
  • Most policies can be reset according to policy.

Meanings of Lapse

  1. Short or temporary failure of concentration, memory or decision.

  2. (Right, Privilege or Agreement) is invalid because it is not used, claimed or renewed.

  3. Move slowly (to a lower state or state).

Sentences of Lapse

  1. He lost the game due to lack of concentration in the second set

  2. There is a long gap between the two events.

Lapse,

What is Lapse?

  • Termination or suspension of the policy for non-payment of premiums.

  • Meaning of Lapse: If the user no longer pays the premium or the policy is not renewed.

  • Lapse means, Policies have expired or expired because the policyholder has not paid the premium.

  • Lapse means, Termination of insurance policy for failure to pay renewal premium.

  • Termination or termination of insurance contract for non-payment of premium.

  • Elimination of insurance coverage on non-payment within a specified period.

  • A simple definition of Lapse is: Termination of rights or privileges if one of the parties fails to fulfill its obligations within a specified period. Interruptions to auto coverage can result in higher premiums for new policies, as insurers have noticed that drivers who maintain ongoing coverage are more likely to file insurance claims. Is less than

Lapse,

Definition of Lapse:

Lapse
  1. Lapse definition is: Do not renew the policy for any reason.

  2. Lapse definition is: If the user no longer pays the premium or renews the policy.

  3. Lapse definition is:

  4. Definition of Lapse: End of policy on non-payment of premium.

  5. Commercial insurance expires when the insurance coverage expires if the premium is not paid within a specified period. Do not renew the policy for any reason.

  6. Termination of insurance contract due to late payment of premium. There is an option to continue coverage with similar premiums and benefits, but the policyholder must re-qualify for coverage and pay any unpaid premium. Sometimes the rewards increase after the break.

  7. Failure to renew the premium paid at the end of the grace period expires the insurance contract.