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1.
To want sexual intercourse with another. Usually used on a first meet.
person a: ah man, that girl is fit!
person b: oh yeah, buff, I'd belay that.
person a: mmm, she'd get belay anyday.
by ~ club penguin m8 ~ July 17, 2012
 
2.
Pulling the rope for a climber. Side effects include an extremely sore neck from looking up all the time and being really fucking bored.
Oh, he's belaying.
by goddamnittherearenonamesleft March 11, 2011
 
3.
(verb)
a) To touch oneself, to touch another, or to be touched by another, in the inappropriate sense of the word.
b) To get off.
a) He's hot, I'd like to belay him.
b) Man, it's been 4 days since I last belayed!
by dbiz April 23, 2007