The pure time delay operator is considered in continuous and discrete time under the assumption of the input signal being integrable (summable) with square. Then the input and the output signals are uniquely given by their Laguerre spectra. It is shown that a discrete convolution operator with polynomial Markov parameters constitutes a common description of the delay operator in the continuous and discrete case. Closed-form expressions for the delay value in terms of the output and input Laguerre spectra are derived. The expressions hold for any feasible value of the Laguerre parameter and can be utilized for e.g. building time-delay estimators that allow for non-persistent input. A simulation example is provided to illustrate the principle of Laguerre-domain time-delay modeling and analysis with perfect disturbance rejection.