Definition of
lapping
way of concealing missing funds an attempt to hide missing funds by delaying the recording of cash receipts in a business's books.
Related definitions of "lapping"
- UK term teeming and lading
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way of concealing missing funds an attempt to hide missing funds by delaying the recording of cash receipts in a business's books.
Definitions of ’lapping’ and meaning of ’lapping’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’lapping’ and other financial terms with our online QFINANCE Financial Dictionary.