lapse

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Related to lapsed: Lapsed Policy

lapse

Law the termination of some right, interest, or privilege, as by neglecting to exercise it or through failure of some contingency

LAPSE

(language)
A single assignment language for the Manchester dataflow machine.

["A Single Assignment Language for Data Flow Computing", J.R.W. Glauert, M.Sc Diss, Victoria U Manchester, 1978].
References in periodicals archive ?
It also lapsed into law on April 22 without the signature of the President.
The 10 other media outfits that bore a stamp saying that their franchise renewal lapsed into law are the Catholic Bishops' Conference of the Philippines, Inc., PBN Broadcasting Network, Inc., Andres Bonifacio College Broadcasting System, Inc., and Insular Broadcasting System, Inc.
The policy is still considered lapsed for purposes of the death benefit; therefore the only benefits that will be paid are the LTC benefits the insured would have qualified for prior to the termination of the policy.
When asked to come back, lapsed donors respond, but not like they used to when they were active.
Contact National Headquarters (certification@mtna.org) and a staff member will tell you how many years your renewal has been lapsed. All you need to pay is $4 (for MTNA members) for each lapsed year and $15 for this year's renewal.
Of those who lapsed, 69% on placebo relapsed, compared with 61% using a nicotine patch, 64% on bupropion with a lozenge, 63% on bupropion, 62% on a lozenge, and 61% on a patch with a lozenge.
The necessary regulatory approvals were not obtained, and closing did not occur, by 31 December 2009 and accordingly the agreement and the transaction have now lapsed.'
To form the lapse rate for a specific life insurer, the value of lapsed policies for ordinary life products is divided by the average total life insurance in force during the time period.
The alternative also creates perverse incentives for employers and insurers to encourage an employee to attempt to work until the designated time period in the policy has lapsed.
While being transported to a nearby hospital, he lapsed into respiratory arrest.
Because the arrangement was an option in form and substance, Freddie Mac had properly deferred including the commitment fees in gross income until the date the options were exercised or lapsed; see Old Harbor Native Corp.
Moreover, the Trade Act of 2002 extended and expanded a number of preferential trade laws that had lapsed, covering some $20 billion of developing country trade.