Lapse : Business Dictionary

Business Dictionary :
Lapse

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Lapse : noun : a lapse of time = a period of time which has passed

Lapse : verb : to stop being valid or to stop being active

The guarantee has lapsed.

To let an offer lapse = to allow time to pass so that an offer is no longer valid

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Business Dictionary : Lapse

Business Dictionary Index

Business Dictionary :
Lapse