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layaway

 

Definitions from the Web

Layaway

Description:

Layaway is a purchasing method that allows customers to reserve an item by making a deposit and paying off the remaining balance over a specified period of time. It enables individuals to secure desired items without having to pay the full price upfront, making it a popular choice for budget-conscious consumers.

Sense 1 - Noun:

In the context of retail, layaway refers to a payment option where customers can gradually pay for an item by depositing money until they have completed the full payment. This method allows individuals to hold items until they are ready to take possession.

Example Sentence:

I couldn't afford the new smartphone upfront, so I put it on layaway and paid it off over three months.

Sense 2 - Verb:

The verb form of layaway refers to the act of putting an item or product on hold through a layaway program. It involves initiating the process of reserving an item and making the initial deposit payment.

Example Sentence:

I decided to layaway the winter coat before it went out of stock.

Sense 3 - Adjective (Popular):

The adjective form of layaway, in its popular context, describes an item or product that is available for purchase through layaway. It signifies that the item can be acquired using the layaway method.

Example Sentence:

This store offers a wide range of layaway items, including electronics and furniture.

Sense 4 - Adjective (Local):

In a local context, the adjective form of layaway pertains to a specific location or region where the layaway method is commonly used or known.

Example Sentence:

Layaway services are very popular in the local community, especially during the holiday season.

Possible Related Products:

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