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1.
(n.)
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etymology: derived from the phrase "get a late pass" (v., latepass)
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a metaphorical object one takes or gives to signify that whatever was thought to be new and interesting is, in fact, old and already widely circulated
Between my recent "revelation" that tomatoes are actually fruits and my "invention" of the term "goofle," I am receiving far too many late passes recently, and I may very well be suspended.
by Elliott September 09, 2005
 
2.
(v.)
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etymology: the verbal form of the phrase get a late pass and the term late pass
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the act of informing one that a piece of information that he or she has presented as new and interesting is, in fact, old and already widely circulated
After Elliott posted about a Snopes article regarding the veracity of a picture of Ohio state sex offender Brian Peppers, Evan latepassed him by pointing out that a link to the article had already been posted, and the article discussed, months ago.
by Elliott September 09, 2005