By Tim E Campbell Tales From the Grove â Joseph M. Ewing brought his large family to western Navarro County sometime in the 1890s. His oldest son James W. T. Ewing aka âUncle Jimâ...
lag noun [C/U]. âº a âdelay in the âperiod of âtime in which âevents âhappen: [C] There is often a lag between âbecoming âinfected and the first âsigns of the âillness. (Definition of lag from the Cambridge Academic Content Dictionary Â© Cambridge University Press).
DEFINITION of 'Recognition Lag'. The time lag between when an actual economic shock, such as sudden boom or bust occurs, and when it is recognized by economists, central bankers and the government. The recognition lag is studied in conjunction with implementation lag and response lag, two other measures of time lags within an economy.