Another versatile word which has a bit of an antiquated feel to it. In familiar, non-topical contexts (which is my main focus— see definition three), this verb is rarely seen. I say we bring it back and put it into good use once more!
verb, -layed, -lay·ing, verb (used with object), noun
1. Nautical. to fasten (a rope) by winding around a pin or short rod inserted
in a holder so that both ends of the rod are clear.
2. Mountain Climbing. to secure (a person) by attaching to one end of a rope.
3. (used chiefly in the imperative) to cease (an action); stop. to ignore.
Synonyms. cease, halt, stall
Antonyms. commence, initiate
Etymology: from O.E. bilecgan, which, among other senses, meant “to lay a thing about” (with other objects), from be- + lecgan “to lay” (see lay). The only surviving sense is the nautical one of “coil a running rope round a cleat or pin to secure it” (also transferred to mountain-climbing), first attested 1540s; but this is possibly a cognate word, from Du. beleggen.
Belay that, the meeting will be at 9:00 rather than 8:00.