lapse Definition

lapse

Definition

A period during which a right, privilege, or insurance policy is not in effect due to a failure to act.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

reinstate -

COBRA - More

universal life - More

Mentioned in these terms

lapsed option

Related Terms on BusinessDictionary

lapse of offer
internal audit
automatic premium loan clause
international agreement
reinstate

prescription
whole life insurance
float
futures contract
option

Popular 'Insurance' Terms

escrow
annuity
OASDI
risk
comprehensive insurance

insurance
contingent beneficiary
coinsurance
insurance policy
insurance premium

lapse in the news

Tools

Enter your email address to get our free Term of the Day newsletter!

lapse is ...

... part of the Insurance subject.

Nearby Terms

land contract
land lease
landlocked
landlord
Laos New Kip
lapse
lapsed option
large cap
large trader
last
Last In First Out

Search volume for lapse

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice