Layaway (lay-by in Australia, New Zealand, and South Africa) [1] is a purchase agreement in which the seller reserves an item for a consumer until the consumer completes all the …

Nov 28, 2025 · Layaway is a method of buying merchandise. A consumer makes a down payment on an item which the store then holds for them while they pay the remainder of the price in …

Feb 26, 2025 · Layaway is a payment system that lets you purchase an item over time in installments — interest-free. The store holds the item, typically in exchange for a deposit or …

Oct 9, 2025 · What is layaway, and who should use it? Layaway is a purchasing option where a retailer reserves an item for you in exchange for a deposit, letting you pay it off over time …

Nov 7, 2024 · Layaway means a customer can put a deposit on an item—like furniture or a computer—that the seller holds, typically in a store. The customer makes installment …

Jul 17, 2025 · Layaway is a purchasing method where you reserve an item by making a deposit and then pay the remaining balance over time before taking the item home. While this …

Layaway is a purchasing method where consumers place a deposit on an item, allowing the retailer to hold the item until the balance is paid in full. It’s a simple and effective way for …

May 7, 2024 · Setting up a layaway option for your online store is an excellent way to offer customers flexible, interest-free payment plans. This method allows shoppers to reserve items …

The meaning of LAYAWAY is 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.

put sth on layaway She put a couch on layaway. The main advantage of layaway is that no interest is charged. Online layaway simplifies layaway for both merchant and consumer by …