layaway plan

layaway plan

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.
Also called will-call.


Origin:
1970–75
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Layaway plan is always a great word to know.
So is ninnyhammer. Does it mean:
a stew of meat, vegetables, potatoes, etc.
a fool or simpleton; ninny.
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