The term 'DID LAPS' can be broken down into three separate words: SWAM (4 letters), RAN (3 letters), and SAT (3 letters). The first word, SWAM, is an action verb that means to propel oneself through water using one's arms and legs. The second word, RAN, is also an action verb that means to move quickly on foot. The third word, SAT, is a verb that means to be in or assume a position in which the upper body is upright and the legs are supported by some object. Together, these three words form the phrase 'did laps, ' which means to swim, run, or sit in a circle or loop.