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 ?
"I also had a short spell working at the Haverton Hill ship yard, which by then had been taken over by Swan Hunter, where I was similarly exposed to asbestos dust from the activities of laggers working nearby.
Laggers were Indiana at 61% and Ohio 31% harvested.
I would like to thank the Hertel Laggers and Kitsons Laggers for their generosity in sponsoring me in this event and to let them know that I raised pounds 235.
The wildcat action hit a liquefied natural gas site in Milford Haven, West Wales, and the Aberthaw power station in South Wales and involved laggers and thermal insulation engineers.
His relatives claim he was exposed to asbestos while working in the boiler house, alongside laggers applying asbestos to the boiler and pipework.
"The laggers used to empty large sacks of raw asbestos fibres into drums and then mix it with water.
However, while a firm link between ETD and exceptional performance could not be made, the survey was able to identify areas in which the best performing companies (the "leaders") excelled and some areas where poor performing companies (the "laggers") failed to be effective.
Our current investigation examines communications by category and among category leaders and laggers defined by sales performance.
Complexity was measured by the percentage of standard parts and showed that while the industry leaders had an average standard parts ration of 78 per cent, this reduced to 51 per cent for the industry laggers. Controlling this complexity gave opportunities for reducing defects and reduced inventory.
The study reveals that Germany, the UK and The Netherlands have similar levels of world class manufacturers, and by identifying the top and bottom 10 per cent of companies (leaders and laggers) the study found a similar number of leaders in every country.
We labeled these two groups as managerial "Leaders" and "Laggers." Figure 2 shows how the typical members of each group met their business unit goals over five performance areas.