lapsed - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “lapsed”

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lapsed

adjective [before noun]
 
 
/læpst/
no longer being continued or paid: One suggestion is to revive lapsed tax breaks for businesses' research expenses.
Translations of “lapsed”
in Chinese (Traditional) 不再參與的,脫離的, 終止的, 不再付款的…
in Chinese (Simplified) 不再参与的,脱离的, 终止的, 不再付款的…
(Definition of lapsed from the Cambridge Business English Dictionary © Cambridge University Press)
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