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
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Mater: Later Mater
Mater: Later Mater...that's funny
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Used when saying goodbye to your hooker friend that plays with themselves constantly. It is used in place of the phrase "later gator" or "afterwhile crocodile."
Hooker: I'm tired of this conversation. I'm going to bed.
You: You mean you're gonna jerk off and cry yourself to sleep?
Hooker:.......yes.
You: Later masterbater.
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We latered ourselves and went to the other party.
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a contradictiory statement meaning, to do something soon or now as in "right now"
sean: Show me those titty right later!!!!
dom: Ill show you this titties in a minute!
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The act of farting while sitting on a fluffy couch. Enjoy the smell now, and again later when someone else sits down and fluffs the odor out of the cushion.
Girl sits down on the couch next to her boyfriend and immediately smells ass. She asks him if he just farted or if she sat in a Now and Later.
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Goodbye; I'm out; Later. Usually used in response when someone else says goodbye to you. Easy to text. Also can be used in a Shakespearean way, ie: Later for thou. Also can be changed to Later for me or Later for thee.
Guy: Alright, mang, I'm outta here.
Sam: Later for you.
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