Answer: EMPANADA

An empanada is a type of savory pastry that originated in Spain and is popular in many Spanish-speaking countries. It is made by folding dough over a filling usually consisting of meat, cheese, vegetables, or a combination of these ingredients. The word "empanada" comes from the Spanish verb "empanar," which means "to bread" or "to coat in bread." Therefore, the name "empanada" refers to the process of enclosing the filling in bread-like dough before baking or frying it.

Note: The provided meaning of the answer is for the latest New York Times crossword puzzle clue: Deep-fried Latin American fare. Explanations are generated by AI and may be inaccurate.