The Collaborative International Dictionary of English v.0.48:
Fray \Fray\, v. t. [imp. & p. p. Frayed (fr[=a]d); p. pr. & vb. n. Fraying.] [See 1st Fray, and cf. Affray.] To frighten; to terrify; to alarm. --I. Taylor. [1913 Webster] What frays ye, that were wont to comfort me affrayed? --Spenser. [1913 Webster]WordNet (r) 3.0 (2006):
frayed adj 1: worn away or tattered along the edges; "frayed cuffs"