The term 'Laying Hold Of' can be summarized as snagging, which is an 8 letter word. Snagging is the act of grabbing or seizing something quickly and unexpectedly. It is often used in a negative context, such as when someone is trying to take something away from someone else without their permission. Snagging can also be used in a positive context, such as when someone is trying to grab something before it is gone.