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 payments necessary to pay for that item, and only then hands over the item.

2025年2月26日 · 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 small fee, until you finish making the installment payments. Once the item is paid off in full, you get to take your purchase home. How Does Layaway Work?

2024年11月7日 · 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 payments on it over time and can then pick up the item once the balance has been paid in full.

2024年10月7日 · Layaway is a purchasing method in which a consumer places a deposit on an item to “lay it away” for later pickup when they return to pay the balance.

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. How to use layaway in a sentence.

2024年5月8日 · With layaway, you can spread out the cost of furniture, jewelry, or other large purchases without going into debt. This is a huge plus if you’d like an item but don’t have enough cash to pay for it upfront. Unlike loans and credit cards, …

2024年10月9日 · 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 individuals to afford larger purchases without using credit cards or incurring debt.

2024年10月29日 · • Layaway allows customers to make installment payments for items held by retailers, enabling them to afford purchases without using credit cards. • The process involves a down payment, followed by regular payments until the …

Layaway is a purchasing arrangement where a retailer reserves and stores an item for a customer who has a predetermined period to pay for the item in full.

2024年2月13日 · What Is Layaway? Layaway is a purchasing agreement between a retailer and customer in which the seller agrees to reserve an item for a buyer who is not able to pay the full amount at that time. The customer who wishes to reserve an item needs to pay a deposit which is held until they pay in full.