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Lapping - Law Dictionary Search Results

Home Dictionary Name: lapping

lapping

lapping [gerund of lap to overlap] : the practice of misappropriating entrusted funds and then covering up the act by using other entrusted funds or funds subsequently received in a continuous process of concealment ...


Lap jointed

Having a lap joint or lap joints as many kinds of woodwork and metal work...


Lap welded

Having edges or ends united by a lap weld as a lap welded pipe...


Lapful

As much as the lap can contain...


Lapping

Lapping, means an embezzlement technique by which an employee takes funds from one customer's accounts receivable and covers it by using a second customer's payment to pay the first account, then a third customer's payment to pay the second account, and so on, Black's Law Dictionary, 7th Edn., p. 885....


lapse

lapse : a termination or failure due to events, neglect, or time: as a : the failure of a bequest (as because the intended recipient dies before the testator) compare anti-lapse statute b : the termination of an insurance policy because of nonpayment of premiums or nonrenewal vb lapsed laps·ing vi : to terminate, become ineffective, or fail [the bequest lapsed when the son died before the father] [allowed the insurance policy to ] vt : to cause (as a policy) to lapse [the company lapsed the policy] ...


Carvelbuilt

Having the planks meet flush at the seams instead of lapping as in a clinker built vessel...


Dewlap

The pendulous skin under the neck of an ox which laps or licks the dew in grazing...


Double breasted

Folding or lapping over on the breast with a row of buttons and buttonholes on each side as a double breasted coat...


Dousing chock

One of several pieces fayed across the apron and lapped in the knightheads or inside planking above the upper deck...


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