LEEWAY

PRONUNCIATION: (LEE-way)

MEANING: noun: The amount of freedom to do something: margin or latitude.

ETYMOLOGY: In nautical terminology, leeway is the sideways drift of a ship to leeward (away from wind). From Old English hleo (shelter) + way. Earliest documented use: 1669.
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LEEWAX - what you put on the sheltered side of the boat to minimize resistance

LEESWAY - how the Confederate C-in-C did things

LE WAY - the Eightfold Path sought by French Buddhists