Meaning of “lapse into sth” in the English Dictionary

"lapse into sth" in Business English

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lapse into sth

phrasal verb with lapse uk /læps/ us verb [ I ]

to gradually get into a worse state or condition:

It seems likely that some of these countries will lapse into economic and political chaos.

(Definition of “lapse into sth” from the Cambridge Business English Dictionary © Cambridge University Press)