Definition
The legal doctrine that punishes you for sleeping on your rights—literally waiting too long to assert a claim until it becomes unfair to the other party. It's equity's way of saying 'you snooze, you lose,' even if the statute of limitations hasn't technically run out. The courtroom equivalent of 'why didn't you say something earlier?'
Example Usage
The defendant successfully argued laches, claiming the plaintiff's 15-year delay in filing suit had prejudiced their ability to defend the case.
Source: Equitable doctrine from legal practice
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See “laches” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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