The Collaborative International Dictionary of English v.0.48:
Latter \Lat"ter\, a. [OE. later, l[ae]tter, compar. of lat late.
See Late, and cf. Later.]
1. Later; more recent; coming or happening after something
else; -- opposed to former; as, the former and latter
2. Of two things, the one mentioned second.
The difference between reason and revelation, and in
what sense the latter is superior. --I. Watts.
3. Recent; modern.
Hath not navigation discovered in these latter ages,
whole nations at the bay of Soldania? --Locke.
4. Last; latest; final. [R.] "My latter gasp." --Shak.
Latter harvest, the last part of the harvest.
Latter spring, the last part of the spring of the year.