What is unlapsed meaning?

Unlapsed means that something has not expired or has not been abandoned. For example, if a membership or subscription is unlapsed, it means that it is still active and has not expired. Similarly, if an agreement or contract is reported as unlapsed, it means that it is still in effect and has not been terminated. In general, the term unlapsed is used to indicate that something is still in force or valid and has not come to an end.