Lapsed (?), a.
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.
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 ether cause.
Wharton (Law Dict.).
© Webster 1913.