layaways

layaway

[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. 2014.
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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
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