What does lay off mean?

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

Verb (transitive, chiefly US) (of an employer) To dismiss (workers) from employment, e.g. at a time of low business volume, often with a severance package. (transitive) (of a bookmaker) To place all or part of a bet with another bookmaker in order to reduce risk. (transitive, idiomatic) To cease, quit, stop (doing something). (transitive and intransitive, idiomatic) To stop bothering, teasing, or pestering someone; to leave (someone) alone. Find more words! 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Cliona seemed to treat my recent resignation as an involuntary termination or lay off. Again, McNamara must be given credit for the forward run and the timing of Sutton's lay off was perfect. The latest offer withdrew an earlier demand by the company to immediately lay off 36 workers. I shuffled about a foot into the middle, hoping he'd lay off the fact I was freaking out. Late yesterday evening the former pilot boat was towed past its replacement, HMS Wilton, as it lay off Southend Pier. See Also What is another word for lay off? What is the opposite of lay off? Sentences with the word lay off Words that rhyme with lay off What is the past tense of lay off? Nearby Definitions layoff lay odds Laynster Layne layn Laymons lay-off layoffs lay-offs lay of the land lay on lay one's cards on the table