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What does LR stand for?

LR stands for Lapse Rate

This definition appears frequently and is found in the following Acronym Finder categories:

  • Science, medicine, engineering, etc.
  • Business, finance, etc.

See other definitions of LR

Other Resources:
We have 63 other meanings of LR in our Acronym Attic

Samples in periodicals archive:

It also noted that the industry still faces long-term problems such as high surrender and lapse rates, a shrinking general market for life insurance products and a heavy negative spread burden, and warned that the life insurance market will continue to shrink in both amount insured and premium volume terms even if the nascent economic recovery takes hold.