layaway definition

  • noun:
    • A payment plan for which a buyer reserves articles of product by putting a deposit with the merchant before the balance is paid in full: bought a suit on layaway.
    • articles reserved under such an agenda.
    • Things which have experienced a deposit positioned on all of them and that the owner (typically a shop) has actually decided to hold the client and accept full repayment later.
    • the device of accepting a deposit and keeping for an individual to perform buy.
  • verb:
    • to put items on hold with a deposit at a merchant's.

Related Sources

  • Sentence for "layaway"
    • And business experts who track trends…
    • View More
  • Phrases for "layaway"
  • Urban Dictionary for "layaway"
    • The work of keeping contact with…
    • View More
78 votes

How would you define layaway?

All the definitions on AZdictionary were written by people just like you. Now's your chance to add your own!