layoff

noun4

1. •
   A dismissal of employees from their jobs because of tightened budgetary constraints or work shortage (not due to poor performance or misconduct).
2. •
   A period of time when someone is unavailable for work.

   • But even the return of skipper Steven Gerrard from a six-week injury layoff could not inspire Liverpool — 2010
3. •
   A bet that is laid off, i.e. placed with another bookmaker in order to reduce risk.
4. •
   (UK) A short pass that has been rolled in front of another player for them to kick.