It means that something is the most recent or newest.

He bought the latest.

At least as long as the memories of the latest crisis are fresh, bankers are likely to be more cautious than before.

View the latest news and breaking news today for u. s. , world, weather, entertainment, politics and health at cnn. com.

A decision is expected by the end of may at the latest.

Building work should start by early july at the latest.

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