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Wiktionary
victory lap

n. 1 (context sports English) An extra lap of the race track taken after the conclusion of a race. 2 ''(academia, slang, US)'' One or more years of study beyond the traditional four taken to complete one's undergraduate degree.

WordNet
victory lap

n. a lap by the winning person or team run to celebrate the victory [syn: lap of honour]

Wikipedia
Victory lap

A victory lap (also lap of honor) is a term used in motorsports to describe an extra lap of the race track after the conclusion of a race. This lap, driven at reduced speed, allows the winning driver to celebrate his or her victory and gives the spectators an opportunity to congratulate and honor the competitors. Commonly, trackside flag marshals will wave their flags in a gesture known as the FIA salute or the Monkey Dance in the US. It is not uncommon for marshals to clap or wave their hands at drivers as a gesture and sometimes the drivers wave back in response.

Victory laps can sometime become dangerous for the winner and the other drivers, since in many tracks the safety nets can be easily climbed over by the crowd, which then becomes an obstacle for the racers.

Victory laps have regularly seen drivers who have retired in the final stages of a race being given a lift back to the pits on one of their competitors' cars. Some notable examples in Formula One include Riccardo Patrese and Didier Pironi at the 1982 Monaco Grand Prix, Nigel Mansell and Ayrton Senna at the 1991 British Grand Prix (pictured), Jean Alesi and Michael Schumacher at the 1995 Canadian Grand Prix, Michael Schumacher and Giancarlo Fisichella at the 1997 German Grand Prix, Mika Häkkinen and David Coulthard at the 2001 Spanish Grand Prix, and Mark Webber and Fernando Alonso at the 2011 German Grand Prix and 2013 Singapore Grand Prix

Recently the FIA, motor sport's world governing body, have restricted what a Formula One driver may do on his victory lap. The sporting regulations state that at the end of a race, "all cars must proceed on the circuit directly to the post race parc fermé without stopping, without overtaking (unless clearly necessary), without receiving any object whatsoever and without any assistance (except that of the marshals if necessary)."

Victory lap (academia)

A victory lap is a term used in American and Canadian academics to describe one or more extra years of study needed beyond the traditional four years of undergraduate studies. These added years are generally the result of switching midstream to a different major or program. In certain cases such as engineering and teaching and Life Science degrees, the victory lap is instead attributed to increased course load and stress.

Other slang terms used to represent this same idea include "jewel degree", "5th year senior", "5th year scum", "super senior", and "Van Wilder" (in reference to the 2002 film National Lampoon's Van Wilder).

The term may also be used to refer to additional years in high school, particularly in Ontario after the elimination of Ontario Academic Credit (Grade 13). Patrick Brady and Philip Allingham of Lakehead University, has argued that the provincial government's attempt to bring Ontario in line with the rest of the continent's 12 grades system has only been partially successful. Both have noted that the fifth year in secondary schools is still a norm in Ontario, with students in Ontario still opting to take a fifth year in secondary school, colloquially known as the victory lap. In the 2007-2008 year, students over the age of 19 made up 3.7 percent of all secondary day school enrolment in Ontario.

Usage examples of "victory lap".

I carried both the Aboriginal flag and the Australian flag on the victory lap.

One moment the Blues were running their Victory Lap, the next, the screaming had changed, turned ugly, and there was savage violence in the Hippodrome.

Many cheered him as he rode past on his victory lap, but Sioned’.

Many cheered him as he rode past on his victory lap, but Sioned's eye was caught by something that puzzled her deeply.

Bonosus thought the young White driver's flushed, exhilarated face beneath his yellow hair as he took his victory lap was very appealing.

Several gold aurii were amongst the coins I scooped out of the sand on my victory lap.

The winner jubilantly retraced his route, jogging a victory lap before halting at the royal pavilion halfway down the homestretch.

He tucked the coins he'd scooped from the sand into the quilted, chain-studded sleeve that protected his net arm, shoved the money pouch's leather thong into his waistband, and sent his horse flying past the soldiers in a sweeping victory lap of the Circus.

Triumphantly, the female sailed in and spiraled around the brainship in a kind of victory lap.

I adore getting the chance to strut around on my victory lap down Marshall Avenue whenever I win a case.

Then I take my victory lap, trotting past the roaring crowd, arms overhead and my bastards on their feet, the air itself seeming to nourish me with its love.

He continued to watch as his jockey took the horse around for the victory lap.

When he was done with the victory lap, it took a second burst of 7.