See Also: lapping(1)(dictionary)
lapping(2)(dictionary)
lapping(dictionary)
Hot-Lapping - Motor Sports(gambling)

lapping(2) (iou)



lapping noun2. LME.
[from LAP verb2 + -ING1.]
The action of wrapping. Also, a wrapping; trappings, wraps. obsolete exc. dial. LME.
b. Folding in the arms; embracing, caressing. LME-E17.
The action of overlapping or of causing an overlap; a part that overlaps. E17.
Commerce. A method of embezzlement by which (esp. repeated) credits are recorded in accounts as deferred. M20.