lapsed

lapsed is defined in Webster's Unabridged Dictionary (1913) with 1 sense. The full text of each entry is reproduced verbatim below.

Definitions

  1. 1.Ineffectual, void, or forfeited; as, a lapsed policy of insurance; a lapsed legacy. Lapsed devise, Lapsed legacy (Law), a devise, or legacy, which fails to take effect in consequence of the death of the devisee, or legatee, before that of the testator, or for ether cause. Wharton (Law Dict.).

Source: Webster's Unabridged Dictionary, 1913 edition (public domain, via GCIDE / Project Gutenberg).

Related questions

Sources