layoff
noun
- laying off, downsizing
Wiktionary
noun
Etymology: Etymology tree English lay offdeverb. English layoff Deverbal from lay off.
- A dismissal of employees from their jobs because of tightened budgetary constraints or work shortage (not due to poor performance or misconduct).
- A period of time when someone is unavailable for work.
“One of the muscles on the point of the shoulder was torn loose and it didn't need more than a glance to see that Mr. Hickey was in for a long lay-off. He wouldn't pitch again for quite a spell, if ever;”
“But even the return of skipper Steven Gerrard from a six-week injury layoff could not inspire Liverpool”
- A short pass that has been rolled in front of another player for them to kick.
- A bet that is laid off, i.e. placed with another bookmaker in order to reduce risk.