lay·a·way

[ley-uh-wey]
noun
2.
an article or item purchased through a layaway plan.

Origin:
1880–85; noun use of verb phrase lay away

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Etymonline
Word Origin & History

layaway
1961, as a system of payments for merchandise, from lay + away. Earlier in the same sense was Australian lay-by (1930).
Online Etymology Dictionary, © 2010 Douglas Harper
Cite This Source
00:10
Layaway is always a great word to know.
So is bezoar. Does it mean:
a fool or simpleton; ninny.
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
Example sentences
When retailers hold merchandise on a layaway plan at a customer's request, they
  are performing a service.
For consumers who have credit cards and use them responsibly, paying layaway
  fees makes little sense.
Applicants must be familiar with merchandise presentation, markdowns, customer
  service and layaway.
For layaway sales, qualified clothing is exempt when final payments are made by
  customers on items previously placed on layaway.
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