Last-word meaning

(informal) The very latest style.
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The final statement in a verbal argument.
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(informal) The newest or most fashionable example of its kind; the latest thing.

A food processor that is the last word in kitchen equipment.

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Something regarded as perfect or definitive.
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(idiomatic, often preceded by "the" and followed by "in") The finest, highest, or ultimate representative of some class of objects.
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(in the plural) The final statement uttered by a person before death.
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(idiomatic) A final decision, or the right to make such a decision.
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