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"Belay that" is a nautical term meaning hold off, or wait. It comes from the use of a "belaying pin" -- a wooden rod inserted into a rail, around which you wrap the end of a rope to hold that rope tight in position -- to "hold it right there". "Belay my last" would be "hold off on what I just said". "Belay that, mates!" would be "hold off on what your doing for a moment, guys". Colorful language the old salts had, no?

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17y ago

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