Laughter is a 1930 American pre-Code comedy film directed by Harry d'Abbadie d'Arrast and starring Nancy Carroll, Fredric March and Frank Morgan.

Peggy is a Follies dancer who forsakes her life of carefree attachments in order to meet her goal of marrying a millionaire.

Alas, her elderly husband, broker C. Mortimer Gibson, is a well-meaning bore, and soon Peggy begins seeking entertainment elsewhere.

Peggy's former boyfriend, Paul Lockridge, a composer and pianist who is in love with her and seems to have a funny quip for every occasion, returns from Paris.

Also, Ralph Le Saint, a young devil-may-care sculptor who is still in love with Peggy, plans his suicide in a mood of bitterness, and Gibson's daughter, Marjorie, returns from schooling abroad.