lapping

noun

lap·​ping
ˈla-piŋ
: 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

Word History

Etymology

gerund of lap to overlap

Dictionary Entries Near lapping

Lanham Act

lapping

lapse

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Cite this Entry

“Lapping.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/lapping. Accessed 5 Nov. 2024.

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