Layaway ( noun , verb )

(As a noun)

Layaway ( noun )

A system of purchasing in which the buyer places a deposit on an item, and then pays the balance over time before taking delivery of the item.

Origin:

From "lay" meaning to put or place something, and "away" meaning in reserve or storage.

Examples:

1. He put the item on layaway and made payments every week.
2. She used layaway to purchase the expensive item.
3. The store offered a layaway plan for customers who couldn't afford to pay upfront.
4. The layaway plan required a down payment and regular payments until the item was paid in full.
5. The layaway purchase was held in storage until it was paid off.

(As a verb)

Layaway ( verb )

A system of purchasing in which the buyer places a deposit on an item, and then pays the balance over time before taking delivery of the item.

Origin:

From "lay" meaning to put or place something, and "away" meaning in reserve or storage.

Examples:

1. He put the item on layaway and made payments every week.
2. She used layaway to purchase the expensive item.
3. The store offered a layaway plan for customers who couldn't afford to pay upfront.
4. The layaway plan required a down payment and regular payments until the item was paid in full.
5. The layaway purchase was held in storage until it was paid off.