A light fabric containing patterns of holes, usually built up from a single thread.
c. 1620, Francis Bacon, letter of advice to Sir George Villiers Our English dames are much given to the wearing of very fine and costly laces.
A snare or gin, especially one made of interwoven cords; a net.
The king had ſnared been in loues ſtrong lace, [...]
From Middle English lace, laace, las, from Old French las, from Vulgar Latin *laceum, based on Latin laqueus. Doublet of lasso.
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To interweave the spokes of a bicycle wheel.
For these and other reasons, you may want to lace a new rim onto an existing hub, or vice versa. For some reason, probably because of the maze and complex angles of spokes, lacing and building a wheel has for years been a virtual mystery to even skilled home bike mechanics.