Definitions

1. noun

a payment plan that allows a customer to reserve an item and pay for it in installments, usually with a deposit

“She put her new TV on layaway to have time to pay for it.”

2. verb

to reserve an item for purchase by paying a deposit and agreeing to pay the balance in installments

“The store allowed customers to layaway their purchases during the holiday season.”

3. verb

to put or place something aside, often temporarily

“She laid away her old clothes to give to charity.”