Meaning of the word "better late than never" in English

What does "better late than never" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

better late than never

US /ˈbetər leɪt ðæn ˈnevər/
UK /ˈbetə leɪt ðæn ˈnevə/
"better late than never" picture

Idiom

it is better to do something late than not at all

Example:
I know I'm a bit behind on my project, but better late than never, right?
He finally apologized for his mistake, and while it took him a while, better late than never.