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Princeton's WordNet(0.00 / 0 votes)Rate this definition: 1  bargain, buy, steal(noun) an advantageous purchase. 2  steal(verb) a stolen base; an instance in which a base runner advances safely during the delivery of a pitch (without the help of a hit or walk or passed ball or wild pitch) 3  steal(verb) take without the owner's consent.
Definition. Fraudulent practice of concealing theft of cash. Lapping occurs when a cashier or clerk steals cash from one customer's payment and covers it up by stealing cash from the next customer's payment ... and so on.It is easier where cash handling and cash recording duties are handled by the same person.Also called teeming and lading.ou should never be involved in any lapping or you could get terminated from your job or even have charges pressed against you. 6 people found this helpful. I am a store owner and recently added cameras throughout my store to prevent lapping, as I have been sure there has been money missing from our safe and registers.