2. Lying refers to the bodyâs horizontal position. 3. Laying can be interchanged with placing. 4. Laying also refers to the production of eggs. 5. Laying refers to an object, while lying refers to the person. 6. Do not rely on Word programs to accurately correct this grammatical issue.
Wiktionary(0.00 / 0 votes)Rate this definition: ensuing(Adjective) Refers to the actions, consequences, and repercussions which result from some prior stimulus or event. We watched the derailment and ensuing train wreck with a mixture of fascination and horror.
Subsequent Event. Definition: A subsequent event is an event or transaction occurring after the balance sheet date, but before the financial statements are either issued or available to be issued. Subsequent events fall into two categories: 1  Events or transactions that provide additional evidence about conditions that existed as of the balance sheet date. 2  Events that provide evidence about conditions that did not exist as of the balance sheet date; instead, they arose subsequent to that date.