3. (a) A job, price, or profit. [Prov. Eng.] Wright. (b) A share of the
proceeds or profits of an enterprise; as, when a man ships for a
whaling voyage, he agrees for a certain lay. [U. S.]
4. (Textile Manuf.) (a) A measure of yarn; a lea. See 1st Lea (a). (b)
The lathe of a loom. See Lathe, 3.