Webster's English Dictionary

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flay

flay \'fla-\ vt [ME flen, fr. OE fle-an; akin to ON fla- to flay, 
   Lith]ple.shachek> to tear 1: to strip off the skin or surface of : SKIN  
   2a: to strip of possessions : FLEECE  2b: to criticize harshly : EXCORIATE