WordNet (r) 3.0 (2006):

lay out
    v 1: lay out orderly or logically in a line or as if in a line;
         "lay out the clothes"; "lay out the arguments" [syn:
         range, array, lay out, set out]
    2: get ready for a particular purpose or event; "set up an
       experiment"; "set the table"; "lay out the tools for the
       surgery" [syn: set up, lay out, set]
    3: spend or invest; "lay out thousands on gold"; "he laid out a
       fortune in the hope of making a huge profit"
    4: bring forward and present to the mind; "We presented the
       arguments to him"; "We cannot represent this knowledge to our
       formal reason" [syn: present, represent, lay out]
    5: provide a detailed plan or design; "She laid out her plans
       for the new house"

Moby Thesaurus II by Grady Ward, 1.0:

203 Moby Thesaurus words for "lay out":
   KO, align, anesthetize, arrange, array, bedaze, benumb, besot,
   blast, block out, blot out, blow down, blow over, blueprint, blunt,
   bowl down, bowl over, bring down, budget, bulldog, bump off, carve,
   cast, cast down, chart, chisel, chloroform, chop down, coldcock,
   cool off, cost, cost out, create, croak, cut, cut down, dash down,
   deaden, deck, deploy, desensitize, diagram, disburse, dispose,
   do in, dope, down, drop, drug, dull, efform, embalm, equalize,
   erase, etherize, even, expend, fashion, fell, fetch down, figure,
   fix, flatten, floor, flush, forge, fork out, form, formalize,
   found, frame, freeze, get, give the business, go through, grade,
   graph, ground, gun down, harmonize, hew, hew down, hierarchize,
   hit, ice, incur costs, invest, kayo, knead, knock down, knock out,
   knock senseless, knock stiff, knock unconscious, lay, lay down,
   lay flat, lay level, lay low, lay off, level, lick into shape,
   lie in state, line up, map, map out, mark off, mark out, marshal,
   measure off, measure out, methodize, mint, model, mold, mow down,
   mummify, narcotize, normalize, numb, obtund, off, open the purse,
   order, organize, outlay, pace off, pacify, palsy, paralyze, pay,
   pay out, plan, plot, plot out, polish off, precipitate, prostrate,
   pull down, put out, put to sleep, quiet, rank, rase, raze,
   regularize, regulate, roll, roll flat, rough out, roughcast,
   roughhew, routinize, rub out, rule off, run through, schedule,
   sculpt, sculpture, send headlong, set, set off, set out, set up,
   settle, shape, shell out, sink money in, sketch, sketch out,
   smooth, smooth out, smoothen, spend, splurge, spread-eagle,
   squander, stamp, standardize, steamroll, steamroller, step off,
   structure, stun, stupefy, supinate, systematize, tailor,
   take care of, take down, thermoform, throw, throw down,
   throw money around, topple, tranquilize, trip, tumble, waste,
   whack down, wipe out, work, zap