For Lay Off we have terms and definitions in 3 topics. The topics are Finance, Golf and Soccer.

In the context of general equities, this eliminates all or part of a position by finding customers or other dealers to take the position.
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When the swing plane flattens out at the top of the back swing, it causes the club to point to the side of the target and the face to close. (His PGA Professional watched him hit a few balls and then told him that he was getting the club laid off at the top of his backswing.)
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A soft one-touch pass to a teammate on the side
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