L
Auto Accident Settlement Glossary: L
Lapse in Coverage / Policy Lapse: A point in time when a policy has been canceled or terminated for failure to pay the premium, or when the policy contract is void for other reasons.
Lawsuit: A civil action; a court proceeding to enforce a right (rather than to convict a criminal).
Lawyer: A person licensed to practice law; other words for “lawyer” include: attorney, counsel, solicitor and barrister.
Litigant: One who is engaged in a lawsuit.
Litigation: A law suit.
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