lapse vs go by

lapse is a noun but go by is not a noun.

Word	Noun	Adjective	Verb	Adverb
lapse	Yes	No	Yes	No
go by	No	No	Yes	No

As verbs, lapse and go by are synonyms defined as:

Other synonyms of lapse include elapse, glide by, go along, pass, slide by, slip away, slip by.

lapse (noun)	go by (noun)
a mistake resulting from inattention
a failure to maintain a higher state
a break or intermission in the occurrence of something

lapse (verb)	go by (verb)
go back to bad behavior	be or act in accordance with
drop to a lower level, as in one's morals or standards	be called; go by a certain name
end, at least for a long time	for time to move forward
for time to move forward	move past
pass into a specified state or condition; sink into
let slip