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layaway plan

SEE MORE SYNONYMS FOR layaway plan ON THESAURUS.COM

noun

a method of purchasing by which the purchaser reserves an article with a down payment and claims it only after paying the full balance.

Origin of layaway plan

First recorded in 1970–75

Also called will-call.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019