A victory lap is a term used to describe a celebratory action or accomplishment. It refers to taking a final, ceremonial circuit around an area or venue as a way of acknowledging and showcasing one's success. This phrase often used in sports when a team or athlete wins a championship, they will take a lap around the field with their fans cheering them on. The term can also be applied to other areas such as business or politics where someone may celebrate an achievement by taking a victory lap of sorts.