Term used by the YouTuber Duke Dennis when he does a great move on 2k and then makes the basket
Character does a step back behind the back fade-away and he makes the shot Duke will then say “Lay”
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Laughing At You.

Indeed.
Marga says:
I hit my head with the wall.
Roger says":
LAY!
by Joanlly December 16, 2006
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This stands for: Laughing at you.
This is used in msn text.
Douche: Hey man, i think i just sharted.
Bag: Hahahaha! lay!
by Finlay2 June 11, 2007
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Laying down as referred to in the past-tense.
I layed down this morning.
by The Danny July 14, 2006
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Used by idiots in place of lieu of "lie" -- as in lying down, not telling an untruth. Confusion arises from the fact that the preterit of "lie" is "lay".

Infinitive: Lie (to lie down, intransitive)
Preterit: Lay
Past Participle: Lain

Infinitive: Lie (to tell an untruth, intransitive)
Preterit: Lied
Past Participle: Lied

Infinitive: Lay (transitive)
Preterit: Laid
Past Participle: Laid
Idiot usage: I love to lay on the beach.

Correct usage: I love to lie on the beach.
by YYT January 22, 2014
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The act of lieing down for sleep, sex, to eat food off your stomach while watching telly.
My girlfriend lay in bed waiting for me.
by Chuffy July 22, 2003
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