The Collaborative International Dictionary of English v.0.48:

Laze \Laze\ (l[=a]z), v. i. [imp. & p. p. Lazed (l[=a]zd); p.
   pr. & vb. n. Lazing.] [See Lazy.]
   To be lazy or idle. [Colloq.] --Middleton.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Laze \Laze\, v. t.
   To waste in sloth; to spend, as time, in idleness; as, to
   laze away whole days. [Colloq.]
   [1913 Webster]

WordNet (r) 3.0 (2006):

laze
    v 1: be idle; exist in a changeless situation; "The old man sat
         and stagnated on his porch"; "He slugged in bed all
         morning" [syn: idle, laze, slug, stagnate] [ant:
         work]