Feb 11 13:24
3 mos ago
53 viewers *
English term
Greece
Αγγλικά σαν τη μητρική μου γλώσσα
Native in: Greek 
, English
Works in: English to Greek, Greek to English
lapse and determine
English
Bus/Financial
Business/Commerce (general)
What does it mean, as used in the following sentence:
Subject thereto, all Options then outstanding shall lapse and determine on the
commencement of the winding-up.
Subject thereto, all Options then outstanding shall lapse and determine on the
commencement of the winding-up.
Responses
| 5 +2 | lapse and terminate [see other options] |
Michael Beijer
|
| 4 -3 | lapse and determine |
| ChatGPT |
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References
| Actual text |
writeaway
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| refs. |
Michael Beijer
|
Responses
+2
22 mins
Michael Beijer
United Kingdom
United Kingdom
Native in English
&
English
Works in field
United Kingdom
Experienced technical/patent translator
Native in: English (Variants: British, US) 
Works in: Dutch to English, Flemish to English, English to Dutch, and 2 more.
Related KudoZ points
:
4
Selected
lapse and terminate [see other options]
cease and determine
lapse and determine
=
lapse and terminate
lapse and end
cease and terminate
cease and end
etc.
see my ref comment
lapse and determine
=
lapse and terminate
lapse and end
cease and terminate
cease and end
etc.
see my ref comment
Note from asker:
| Thanks, Michael, that certainly makes more sense. :) |
4 KudoZ points awarded for this answer.
-3
0 min
lapse and determine
In both fields, "lapse and determine" refers to the ending or termination of something. In the context of financial options, it means that the options will expire and become void when the winding-up process begins. In zoology, it signifies the natural end or completion of a certain process or action.
Example sentences:
- All unused vacation days will lapse and determine at the end of the year.
- The research grant will lapse and determine if the project is not completed within the given timeframe.
- The function of certain genes is to determine and lapse certain developmental stages in organisms.
Example sentences:
- All unused vacation days will lapse and determine at the end of the year.
- The research grant will lapse and determine if the project is not completed within the given timeframe.
- The function of certain genes is to determine and lapse certain developmental stages in organisms.
Note from asker:
| :D :D |
Peer comment(s):
| disagree |
AllegroTrans
: wwwsd4000n123w123w123w%wwwwwwwwwwwwww88888888888888888888888888zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
3 hrs
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| disagree |
Anastasia Kalantzi
: Βρε δε πάτε στο διάολο λέω γω κι εσείς και η τεχνητή νοημοσύνη σας;!
4 hrs
|
| disagree |
Daryo
: Using statistics (about how words are used in sentences) to generate (not even entertaining) BS is supposed to be some kind of improvement on "lies, big lies and statistics"???
9 hrs
|
| neutral |
Cilian O'Tuama
: Is there an option for hiding all ChatGPT input from my view?
12 hrs
|
Reference comments
32 mins
Reference:
Actual text
SHARE OPTION SCHEME - 01689.HK undefined
Stock.us
https://stock.us › filing › view
... Subject thereto, all Options then outstanding shall lapse and determine on the commencement of the winding-up. 7.3 If under the Companies Act a compromise ...
Stock.us
https://stock.us › filing › view
... Subject thereto, all Options then outstanding shall lapse and determine on the commencement of the winding-up. 7.3 If under the Companies Act a compromise ...
Peer comments on this reference comment:
| agree |
AllegroTrans
2 hrs
|
| agree |
Anastasia Kalantzi
3 hrs
|
| neutral |
Daryo
: broken link
13 hrs
|
17 mins
Michael Beijer
United Kingdom
United Kingdom
Native in English
&
English
Works in field
United Kingdom
Experienced technical/patent translator
Native in: English (Variants: British, US)
Works in: Dutch to English, Flemish to English, English to Dutch, and 2 more.
Related KudoZ points
:
4
Reference:
refs.
In the context you've provided, the word "determine" is used in a legal or formal context to mean "to come to an end" or "to expire." It is not commonly used in everyday language with this meaning but is often found in legal, contractual, or formal documents to describe the end of an agreement, contract, or other arrangement.
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Note added at 20 mins (2024-02-11 13:44:34 GMT)
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determine:
"A. Archaic Sense.
Used without a direct object, determine in legal prose is an archaism in the sense “to terminate; bring or come to an end.”
[…]
Nonlawyers are likely to be confused by this legalistic usage; hence a simpler wording might often be called for—e.g.: “The trust will terminate [or end].”
On the use of the verbose phrase “cease and determine”, see doublets, triplets, and synonym- strings."
(https://premium.oxforddictionaries.com/secondary/garner_dict... )(paid)
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Note added at 24 mins (2024-02-11 13:48:38 GMT)
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see e.g.:
https://www.google.com/search?q=options "lapse and terminate...
Googling: options "lapse and terminate" legal
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Note added at 4 hrs (2024-02-11 17:40:23 GMT)
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see e.g.:
• https://weagree.com/clm/contracts/contract-wording/doublets-...
• https://www.languageservicesdirect.co.uk/legal-doublets-what...
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Note added at 20 mins (2024-02-11 13:44:34 GMT)
--------------------------------------------------
determine:
"A. Archaic Sense.
Used without a direct object, determine in legal prose is an archaism in the sense “to terminate; bring or come to an end.”
[…]
Nonlawyers are likely to be confused by this legalistic usage; hence a simpler wording might often be called for—e.g.: “The trust will terminate [or end].”
On the use of the verbose phrase “cease and determine”, see doublets, triplets, and synonym- strings."
(https://premium.oxforddictionaries.com/secondary/garner_dict... )(paid)
--------------------------------------------------
Note added at 24 mins (2024-02-11 13:48:38 GMT)
--------------------------------------------------
see e.g.:
https://www.google.com/search?q=options "lapse and terminate...
Googling: options "lapse and terminate" legal
--------------------------------------------------
Note added at 4 hrs (2024-02-11 17:40:23 GMT)
--------------------------------------------------
see e.g.:
• https://weagree.com/clm/contracts/contract-wording/doublets-...
• https://www.languageservicesdirect.co.uk/legal-doublets-what...
Peer comments on this reference comment:
| agree |
philgoddard
: I think your answer is a bit confusing, though - you can't define "lapse" as "lapse".
1 hr
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yeah, but that's because it's one of those paired synonyms, as mentioned @ https://premium.oxforddictionaries.com/secondary/garner_dict... (null and void, cease and come to an end, etc.)
|
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| agree |
Anastasia Kalantzi
3 hrs
|
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thanks!
|
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| disagree |
Daryo
: Dig a bit deeper, and ...: "lapse" only AND "lapse and determine" are both used for share options, and they do not apply to "comparable" situations IOW these are not 2 synonyms.. see https://www.fujikon.com/wp-content/uploads/2023/08/share-opt...
13 hrs
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leaving aside for a moment whether there is a difference between "lapse" + "determine", would you agree that "lapse and determine" is synonymous with "lapse and end" or "lapse and terminate"?
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