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What does allays mean?

Looking for the meaning or definition of the word allays? Here's what it means.

Verb
  1. Third-person singular simple present indicative form of allay
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Examples
Only a comprehensive rescue plan, which allays such doubts, will quell the euro crisis.
I hope, therefore, that our statement allays and provides a response to the concerns which the honourable Member expressed.
I hope that this speech not only answers the honourable Member's questions, but also allays any fears that Parliament is not duly involved.
Consequently it also allays concerns about future difficulties relating to new investment.
However, the text which we are being called to vote on allays my initial fears.
Both Martens and Cocca have found that education generally allays the public's fears.

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