GNU Collaborative International Dictionary of English
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Laches (lăshˈĕz), Lache (lăsh), n. [OF. lachesse, fr. lache lax, indolent, F. lâche, ultimately fr. L. laxus loose, lax. See Lax.] (Law) Neglect; negligence; remissness; neglect to do a thing at the proper time; especially, a delay in asserting a claim, sufficient to cause a person to lose the right to adjuducation of the claim by a court.
[1913 Webster]
It ill became him to take advantage of such a laches with the eagerness of a shrewd attorney. Macaulay.
[1913 Webster]