BNET Business Dictionary
Business Definition for: Lapse
- the termination of an option without trade in the underlying security or commodity
Wiktionary Definition for: Lapse
- a temporary failure; a slip.
- a decline or fall in standards.
- a pause in continuity.
- an interval of time between events.
- a termination of a right etc, through disuse or neglect.
- (weather) A marked decrease in air temperature with increasing altitude because the ground is warmer than the surrounding air. This condition usually occurs when skies are clear and between 1100 and 1600 hours, local time. Strong convection currents exist during lapse conditions. For chemical operations, the state is defined as unstable. This condition is normally considered the most unfavorable for the release of chemical agents. See lapse rate.
- to allow something to lapse
- to suffer a lapse
Additional Resources
- Sun Life offers no-lapse VUL.(Life)(Sun Life Financial's Sun Protector Variable Universal Life)(Brief article)
- The U.S. division of Sun Life Financial has introduced Sun Protector Variable Universal Life, the company's first no-lapse VUL. The product offers a competitive, limited-duration, no-lapse guarantee on the base policy face ... The U.S. division of Sun Life Financial has introduced Sun Protector Variable...
- Research articles 2008-05-01
- Perforce Software announces Time-lapse View
- TELECOMWORLDWIRE-1 December 2004-Perforce Software announces Time-lapse ViewC1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Perforce Software has announced the addition of Time-lapse View to Perforce, a fast Software Configuration Management system. According to the company, Time-lapse View provides a graphical method of viewing the complete change history of individual text files...
- Research articles 2004-12-01
- Perforce Software announces Time-lapse View
- Worldwide Computer Products News-1 December 2004-Perforce Software announces Time-lapse ViewC1995-2004 M2 COMMUNICATIONS LTD http://www.m2.com Perforce Software has announced the addition of Time-lapse View to Perforce, a fast Software Configuration Management system. According to the company, Time-lapse View provides a graphical method of viewing the complete change history of...
- Research articles 2004-12-01
- Perforce Software Unveils Time-lapse View for SCM System; Developers can rapidly visualise the evolution of code in a single merged view.
- M2 PRESSWIRE-30 November 2004-Perforce: Perforce Software Unveils Time-lapse View for SCM System; Developers can rapidly visualise the evolution of code in a single merged viewC1994-2004 M2 COMMUNICATIONS LTD RDATE:11302004 Yateley, UK - Perforce Software today announced the addition of Time-lapse...
- Research articles 2004-11-30
- Economy will suffer if Congress lets TRIA lapse: Buyer; Terrorism backstop not a 'bailout' but vital to development.(News)(Terrorism Risk Insurance Act)
- Byline: MARK A. HOFMANN WASHINGTON-Allowing the public/private partnership that currently guarantees terrorism insurance to lapse would have severe economic consequences, according to a prominent policyholder representative. "Without terror Byline: MARK A. HOFMANN WASHINGTON-Allowing the public/private partnership that currently...
- Research articles 2006-11-27
- Congress won't let the federal airport-construction program lapse.
- Congress won't let the federal airport-construction program lapse. Disputes over airline competition and the budget have hung up legislation that provides $2.4 billion for airport expansion, security, safety, etc. The federal money spigot will run dr Congress won't let the federal airport-construction program lapse. Disputes...
- Research articles 1999-01-15
- 24-Hour Time-Lapse Recorder. (CCTV).(Mitsubishi)(closed-circuit television)(Brief Article)
- The HS-9424U time-lapse recorder offers 24 hours of recording. It features a self-diagnostic and visually recognizable malfunction warning system. The HU includes a load-bearing chassis design for increased strength and reliability. It also includes The HS-9424U time-lapse recorder offers 24 hours of recording. It ...
- Research articles 2001-05-01
- New Sun Protector Variable Universal Life Combines Flexible No Lapse Protection Plus Investment Opportunity in a Single Solution
- WELLESLEY, Mass. -- The U.S. division of Sun Life Financial (NYSE: SLF, TSX: SLF) today launched Sun Protector Variable Universal Life VUL, a new life insurance product that offers clients an attractive combination of protection, growth potential and guarantees. Sun Protector VUL's flexibility and value is underscored by a highly...
- Research articles 2008-03-03
- Ordinary life average policy size and lapse ratio, top life writers, United States--2005: rank is based on the amount of total ordinary life issued in 2005.(Life: Leading Writers)
- Ordinary Life Average Policy Size and Lapse Ratio, Top Life Writers, United States--2005 Rank is based on the amount of total ordinary life issued in 2005. ...
- Research articles 2006-09-01
- Life insurance in 2005: Sternberg criticizes no-lapse pricing and assesses the political landscape.(Policy Guarantees)(New York Life Insurance Co.)(Sy Sternberg)
- NewYork Life Insurance Co. is refraining from offering much in the way of no-lapse guarantees on its cash-value universal life insurance products. That decision will impact 2004 sales, but Sy Sternberg, chairman and chief executive officer, said he c NewYork Life Insurance Co. is refraining from...
- Research articles 2005-02-01
- Bernanke regrets 'lapse' over rate gaffe
- WASHINGTON AFP — Federal Reserve chairman Ben Bernanke admitted Tuesday he was guilty of a "lapse of judgement" for agonising over interest rate policy with a TV anchorwoman at a black-tie dinner. "That episode you referred to was a lapse of judgement on my part," he told Republican Senator...
- Research articles 2006-05-23
- Bernanke rues talk 'lapse'
- WASHINGTON -- Federal Reserve Chairman Ben Bernanke said Tuesday he suffered a "lapse of judgment" by talking recently to a CNBC anchor, a conversation that caused the stock market to tank when his comments were reported. Sen. Jim Bunning, R-Ky., asked Bernanke about the episode during a Senate...
- Research articles 2006-05-24
- -Security lapse on Northwest Airlines' web site leaves customers open to fraud - Company Operations
- TELECOMWORLDWIRE-10 January 2000-Security lapse on Northwest Airlines' web site leaves customers open to fraud C1994-2000 M2 COMMUNICATIONS LTD http://www.m2.com A lapse in security has apparently left some Northwest Airlines customers at risk of Internet fraud after the carrier`s Internet site was left unsecured. Customers...
- Research articles 2000-01-10
- Automated Detection And Updating Of Construction Activity Progress From Time-Lapse Images
- A low cost progress data collection technique was proposed for construction sites using time-lapse video. The authors build on their existing research on 4D CAD and geometric, parameter-based 4D models and apply computer vision techniques to webcam images of construction sites to provide frequent, rapid, and automated feedback on the...
- White papers 2003-10-27
- Sony Delivers Professional-Grade Time-Lapse Tape to the Security Market
- LAS VEGAS--BUSINESS WIRE--March 10, 1999--ISC West Show, (Booth No. 1028) Sony Electronics has once again set a new standard in the security industry with the introduction of its new professional-grade tape (model T-120TLV). Ideal for time-lapse recorders used in security-based applications, Sony's T-120TLV videotape offers an increase in signal strength...
- Research articles 1999-03-10
- Sanyo announces industry's first 72-hour time lapse video cassette recorder; Sanyo TLS-972 answers needs of marketplace with first affordable, feature-rich 72-hour recorder
- CHATSWORTH, Calif.--BUSINESS WIRE--Feb. 13, 1996--Continuing with the company's tradition of providing industry-leading security recording technology, Sanyo Security Video Products Division Tuesday announced the world's first 72-hour time lapse video cassette recorder -- the Sanyo TLS-972.
- Research articles 1996-02-13
- Tabloid exposes security lapse in second British royal residence
- LONDON AFP ? An undercover reporter who exposed a security lapse at Buckingham Palace claimed that security at Windsor Castle, another residence of Britain's Queen Elizabeth II, was even worse. The government Wednesday ordered an urgent probe after journalist Ryan Parry, who worked as a servant at the London...
- Research articles 2003-11-19
- Bernanke calls chat with reporter 'lapse of judgment'
- WASHINGTON -- Federal Reserve Chairman Ben Bernanke admitted Tuesday to a "lapse of judgment" in sharing his views on the economy with a television reporter, who then recounted them on the air, causing turmoil in financial markets. Responding to questions from Sen. Jim Bunning, R-Ky., at a Banking committee...
- Research articles 2006-05-24
- Recall of Envoy to Israel, Peace Process Lynchpin, Prompts Swirl of Rumor: Washington Sees a Security Lapse; Israelis Eye Likud, GOP Scheming; Foxman; Is There a Whiff of Anti-Semitism?
- Berger, Matthew, Kuttler, Hillel Forward 09-29-2000 Recall of Envoy to Israel, Peace Process Lynchpin, Prompts Swirl of Rumor: Washington Sees a Security Lapse; Israelis Eye Likud, GOP Scheming; Foxman; Is There a Whiff of Anti-Semitism? FORWARD STAFF With...
- Research articles 2000-09-29
- Security Lapse at Fort Lauderdale, Fla.-Area Airport Delays Passengers.
- By Ina Paiva Cordle, The Miami Herald Knight Ridder/Tribune Business News Nov. 20--Federal Aviation Administration agents discovered a security lapse Saturday at Fort Lauderdale-Hollywood International Airport -- the second this month -- resulting in delayed boarding for Northwest Airlines passengers...
- Research articles 2001-11-20
