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 ?
With a view to lower the compliance burden and reduce the time lag, which would arise on account of case-by-case approval, the government has decided to grant approval to all borrowings by way of loan agreement and long-term infrastructure bonds that satisfy certain conditions, said by finance ministry in a statement.
By comparing the intrinsic brightness of a burst--based on the time lag between the high- and low-energy photons--with how bright the burst appears in the sky, researchers could determine how far away it is.
Family Affairs Minister Dermot Ahern said: "To make changes you have to have a time lag of six months.
Born in 1912, Smith experienced a sort of time lag in his artistic career that caused him to accede to relative fame alongside the Minimalists, beginning in 1966 with his first solo exhibition and his appearance in "Primary Structures" at the Jewish Museum in New York.
The technology also prevents unauthorized use of business systems and eliminates cumbersome paperwork and avoids costly time lag.
There is also a time lag, he noted, because some work was done months ago by HPD and is first coming to the owners' attention.
I expect that the GSM/UMTS operators will start offering this next year," Hyers observes, "but they will suffer a significant time lag because there is not yet a large market of GPS-enabled handsets.
She said differences between the court's records and the auditor-controller's records could reflect a time lag or other problem, but not actual loss of money.
When asked to explain the time lag he said: "I wasn't there.
Or maybe the time lag has something to do with the presence in the photography of both Asian and Western children.
The time lag between the flare activity and the cosmic-ray decline suggests that the solar wind traveled at a speed of 600 to 800 kilometers per second, compared to the 400 km/sec speed of the average solar wind, John A.
Simple time lag accounts for the few French deaths, say Dr Malcolm Law and Professor Nicholas Wald in the British Medical Journal.