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lay down
lay-down
lay figure
lay in
lay into
lay of the land
lay off
lay on
lay out
lay over
lay reader
lay to
lay up
lay-up
layabout
layaway
layback
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layoff
lay·off [ láy àwf, láy òf ] (plural lay·offs)


noun 
Definition:
 
1. dismissal of employees: a dismissal of employees because of lack of work to be done
2. period of unemployment: the time during which employees are out of work
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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