Lagging iIndicator LAG-ing in-dih-KAY-tur A lagging indicator is a performance metric that reflects the past performance of a business or situation. Lagging indicators are often used to evaluate the effectiveness of past actions or trends. The company's profit margin, a lagging indicator, revealed the negative impact of recent marketing campaign changes. Finding a specific legal case example for lagging indicators is unlikely, as it's a business term. ← Back to BrowseNext Term →