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layoff the dismissal or temporary suspension of employees. [2 definitions]
lay off to cease employing (someone).
lay of the land the existing circumstances or state of affairs.
layout an arrangement, design, or plan as shown either by laying its components out in a drawing or model, or by the structure itself on its actual site. [4 definitions]
lay out to spread or arrange for viewing or consideration. [2 definitions]
layover a temporary halt or break in a journey; stopover.
layperson a person who is a member of a religious congregation but not of the clergy. [2 definitions]
lay siege to to begin a forceful and persistent attack on (a city or fortification) that includes the surrounding and cutting off from supplies.
lay (something) to rest to end or resolve a matter. [2 definitions]
lay waste to destroy; devastate.
laywoman a woman who is a member of a religious congregation but not of the clergy. [2 definitions]
lazaretto a hospital specializing in the treatment of those with contagious diseases, esp. leprosy. [2 definitions]
Lazarus according to the New Testament, a man who was raised from the dead by Jesus Christ. [2 definitions]
laze to pass (time) idly; (usu. fol. by "away"). [2 definitions]
lazy inclined to avoid effort or exertion. [3 definitions]
lazybones (informal; usu. used with a sing. verb) a person who is lazy.
lazy Susan a revolving tray for food or condiments, usu. placed in the center of a table. [2 definitions]
lb. abbreviation of "pound," or "pounds," a unit of weight equal to sixteen ounces or 453.592 grams in the avoirdupois weight system, and equal to twelve ounces or 373.242 grams in the apothecaries' and troy weight systems.
LBO abbreviation of "leveraged buyout," the takeover of a corporation by a group of investors using borrowed money that is secured by the assets of the corporation being acquired.
lbs. abbreviation of "pounds," a plural form of "pound."
l.c. abbreviation of "lowercase."