layaway plan

layaway plan
a method of purchasing by which the purchaser reserves an article with a down payment and claims it only after paying the full balance. Also called will-call.
[1970-75]

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Universalium. 2010.

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Look at other dictionaries:

  • layaway plan — n. (esp. AE) (to buy smt.) on the layaway plan * * * (esp. AE) (to buy smt.) on the layaway plan …   Combinatory dictionary

  • layaway plan — a plan in which one pays some money down and then pays the rest little by little and the store holds the article until the full price has been paid He decided to buy the television set on the department store s layaway plan …   Idioms and examples

  • layaway plan — a method of purchasing by which the purchaser reserves an article with a down payment and claims it only after paying the full balance. Also called will call. [1970 75] * * * layaway plan, a method of purchase in which the consumer makes a number …   Useful english dictionary

  • layaway plan — lay′a•way plan [[t]ˈleɪ əˌweɪ[/t]] n. bus a method of purchasing by which an item is reserved by the store until the customer has completed payments, usu. made monthly • Etymology: 1970–75 …   From formal English to slang

  • layaway plan — making a purchase with payments by installments …   English contemporary dictionary

  • layaway — lay‧a‧way [ˈleɪəweɪ] noun [uncountable] COMMERCE a method of buying goods in which the buyer makes a first payment that is a percentage of the price and the goods are kept by the seller until the full price is paid: • Jerry bought some furniture… …   Financial and business terms

  • Layaway — A purchasing method that allows a consumer to put a product on hold by placing a deposit on the item. Layaway allows the customer to make smaller payments on the product until the purchase price is paid in full, rather than paying for the item… …   Investment dictionary

  • layaway — /lay euh way /, n. 1. See layaway plan. 2. an article or item purchased through a layaway plan. [1880 85; n. use of v. phrase lay away] * * * …   Universalium

  • layaway — noun (U) AmE a method of buying goods in which the goods are kept by the seller for a small amount of money until the full price is paid: I ve put the dress on layaway. layaway adjective: a layaway plan …   Longman dictionary of contemporary English

  • layaway — n. making a purchase with payments by installments; item bought using a layaway plan …   English contemporary dictionary

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