layaway

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noun lay·away \ˈlā-ə-ˌwā\

Definition of layaway

  1. :  a purchasing agreement by which a retailer agrees to hold merchandise secured by a deposit until the price is paid in full by the customer

Examples of layaway in a Sentence

  1. We bought the table and chairs on layaway, so we won't have them until December.

  2. The store offers a layaway plan for large purchases.

Recent Examples of layaway from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'layaway'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of layaway

1944


LAYAWAY Defined for English Language Learners

layaway

play
noun

Definition of layaway for English Language Learners

  • : a way of buying something in which you do not receive the thing you are buying until you have paid the full price by making small payments over a period of time

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