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From: Webster's Revised Unabridged Dictionary (1913)

 Lapsed a.
 1. Having slipped downward, backward, or away; having lost position, privilege, etc., by neglect; -- restricted to figurative uses.
 Once more I will renew
 His lapsed powers, though forfeit.   --Milton.
 2. 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 other cause.
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