The phrase 'Better Late than Never' means that doing something late is better than not doing it at all.
Example of Use: "Sorry I was late for the meeting today; I got stuck in traffic." Answer: "That's okay; better late than never."
Like so many interesting phrases, the origin of the idiom 'better late than never' is classic literature. Attributed to Geoffrey Chaucer, it was first seen in 1386 in The Yeoman’s Tale, which in turn is found in The Canterbury Tales: “For better than never is late; never to succeed would be too long a period.”