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Home > QFINANCE Dictionary > Definition of lapping

Definition of

lapping

Accounting

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"

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.

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