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 ?
In calculating these time lags, two data points were selected for each approved drug.
In all cases, though, digital feed-forward removes or reduces response delays- time lags created as the PLC sequentially scans inputs, executes programming, and issues some output to trigger a new process operation.
The system should be designed so that the various time lags in chemical feed and residual analysis are kept within these time limits.
The interface with Bear Stearns eliminates potential time lags and strives to close any compliance holes typically seen with other FX workflows.
The ability to conduct near-instantaneous data restores is a dramatic improvement over the lengthy time lags associated with sequential tape access and recovery.
They even considered nine different time lags, from two days before to two days after a patient reported pain, but the weather simply was not related to pain, they found.
Now time lags and dropped calls that plagued communications no longer exist.