noun
- plural of layaway; retail payment plans where customers pay for items over time before taking possession
Usage: retail/commerce
Examples
- The store offers layaways for expensive electronics during the holiday season.
- Many customers use layaways to budget for back-to-school shopping.
- The retail chain discontinued their layaway program last year.
- She put several winter coats on layaway in September.
- Layaways typically require a small down payment to start.
- The toy store’s layaway policy allows payments over three months.