(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

1. Blue Monday is the most depressing day of the year, calculated by Dr. Cliff Arnall, a researcher at the University of Cardiff's Center for Lifelong Learning.
Factors used to calculate the date included weather conditions, debt level, time since Christmas, time since failing our New Year's resolutions, low motivation and feeling the need to take action.

In 2005 the date was calculated as January 24th, in 2006 it was January 23rd, and in 2007 it was January 22nd.

2. A song by the hard rock band Orgy from their album Candy Ass.

(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