Lag

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Lag

Payment of a financial obligation later than is expected or required, as in lead and lag. Also, the number of periods that an dependent variable in a regression model is "held back" in order to predict the dependent variable.

Lag

1. A late payment.

2. In a quantitative model, the length of time considered in the past that is used to predict a future variable.
References in periodicals archive ?
They say he also came into contact with asbestos while working for construction firm Sir Alfred McAlpine in the mid-1960s, when as a bricklayer he was working alongside laggers applying asbestos to a school in Metchley Lane, Birmingham.
Growing disparity between leaders and the laggers in the retail industry has resulted in consolidation and shakeout.
The funeral he had to celebrate his life was wonderful, with so many laggers from all over the county from different power stations coming who, like us, will miss his smile and infectious laugh.
Denis, who lives with his wife Sylvia, believes he was exposed to asbestos at Kirkley Hall in Ponteland where he worked alongside laggers in a boiler house while they mixed asbestos and applied it by hand to the surrounding pipes.
Environmentalists are expected to argue that thousands of jobs could be created for the likes of loft laggers, plumbers, builders, electricians, plasterers and insulation specialists as part of a local government-led programme to reduce carbon emissions.
Giving his ruling on the amount of the claim, which was disputed by the company, Judge Hickinbottom said that while Mr Shanks was at Wallsend, he worked in close proximity to laggers and others working with asbestos.
It is said he worked close to laggers mixing dry asbestos fibres and cut asbestos insulation.
Sadly, many of the victims will come from Merseyside, where dockers, laggers and others, together with their families, will have been exposed to asbestos.
As a result, the integration of regional financial markets will need large changes in equilibrium real exchange rates for the laggers.
The GMB union said an employment tribunal in Cardiff awarded more than pounds 250,000 to the 14 workers, who were employed as laggers in the construction of the Uskmouth power station.
Although both men worked as laggers, it was suggested by lawyers that Stephen was exposed to the deadly fibres as a child when Harry used to come home from work with asbestos on his clothes.