laters mom

1. When you say goodbye to your mom.
2. Say to friends or random people disregarding the first definition, another form of goodbye to make fun of your n00b of a mom.

Son or Daughter: Aiight, i'm out mom
Mom: Bye, have fun
Son or Daughter: Laters mom

-or-

Son or Daughter: I'm going now dude
Friend: Aiight, laters
Son or Daughter: Yeah, laters mom
Friend: LOL