in the mechanical sense "retardation of movement," 1855, from lag (v.). Also noted in Farmer and Henley ("Slang and Its Analogues") as American theatrical slang for "a wait," with an attestation from 1847. First record of lag time is from 1951.
"espresso coffee with milk," by 1990, short for caffè latte, which is an Italian expression meaning "milk coffee," from Latin lac (genitive lactis) "milk" (from PIE root *g(a)lag- "milk"). Compare cafe au lait.
1660s, "process of suckling an infant," from French lactation, from Late Latin lactationem (nominative lactatio) "a suckling," noun of action from past-participle stem of lactare "to suckle," from lac (genitive lactis) "milk" (from PIE root *g(a)lag- "milk"). Meaning "process of secreting milk from the breasts" first recorded 1857. Related: Lactational.