How Do You Define Layaway?
Definition of Layaway: Layway shopping is a way for customers to leave a security deposit on something they can afford to pay later when they can afford to pay the balance. Layway allows customers to pay less for a purchase. The LIVA plan guarantees that customers will receive the selected item as soon as payment is made in full.
- The term Leiva refers to a retail purchase method in which consumers collect funds to apply for billing later when they have funds to pay the entire balance.
- Liaison programs are usually targeted at low-income buyers who may find it difficult to pay for their purchases at once.
- Lending programs, established during the Great Depression of the 1930s, declined in the 1980s as the popularity of credit cards reduced their usefulness.
Meaning of Layaway: Often called LeBy. One way to buy something is to deposit a small amount to order it and then pay the rest in installments. After full payment of the purchase price, the customer can receive the goods.
Meanings of Layaway
Submit a system to secure an item for item purchases.
Sentences of Layaway
He took the coat he had taken apart