lapsation

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noun

A lapse (act or result of lapsing)

Scrabble 11
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Meanings

nounlapsation (plural lapsations)

plural lapsations

  1. A lapse (act or result of lapsing)

    Both constant withdrawal and optimal withdrawal (including lapsation) strategies are considered.

    2015, Ludovic Goudenege, Andrea Molent, Antonino Zanette, “Pricing and Hedging GLWB in the Heston and in the Black-Scholes with Stochastic Interest Rate Models”, in arXiv

Origin

From lapse + -ation.

Full word history & related roots →
Cite this entry
APA

lapsation. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/lapsation

MLA

“lapsation.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/lapsation. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “lapsation,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/lapsation.

Source: lapsation on Wiktionary, CC BY-SA 4.0.