or news, subs. phr. (nautical).—A lying story; a swindle or TAKE-IN (q.v.). Frequently abbreviated to ‘G.Y.’
1884. W. E. HENLEY and R. L. STEVENSON, Admiral Guinea, iii., 4. What? lantern and cutlass yours; you the one that knew the house; you the one that saw; you the one overtaken and denounced; and you spin me a GALLEY YARN like that?
