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And unlike America, Europe seems keen to use a lax definition of capital that is no longer viewed by the market as the best benchmark for solvency.It's too late to remedy all of these faults.
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It has also been objected that these moral deceptionist definitions are morally lax (Kemp and Sullivan 1993, 158 9).
Basel 2 failed not just because it set the level of capital too low, but also because the definition of capital was too lax: banks were allowed to include certain types of debt.
Definitions of obscenity are now so lax that little apart from child pornography is banned.
For deduction purposes, the definition of job related "education" is surprisingly lax.
However, our definition of sterility proved to be too lax in the beginning, since most potentially sterile lines turned out to be false-positives in more detailed analysis.
The rules say that Tier 1 capital supposedly, in the main, common equity and equity-like instruments must be at least 4% of a bank's risk-adjusted assets.However, the definition of Tier 1 capital was far too lax.
They are also concerned about "lax" professional guidelines for prescribing the hormone that they say stretch the definition of hypogonadism.
Ninety minutes earlier, I'd picked it up at LAX because the S.B. airport was closed, due to flooding, and if you want a definition of time-sensitive this was it.
Lax representation.
The Lax Family.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com