Usually means: Purchase reserved, paid in installments.
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We found 19 dictionaries that define the word layaway:

General (14 matching dictionaries)
  1. layaway: Longman Dictionary of Contemporary English
  2. layaway: Merriam-Webster
  3. layaway: Oxford Learner's Dictionaries
  4. layaway: American Heritage Dictionary of the English Language
  5. layaway: Collins English Dictionary
  6. Layaway, layaway: Wordnik
  7. layaway: Cambridge Advanced Learner's Dictionary
  8. layaway: Wiktionary
  9. layaway: Webster's New World College Dictionary, 4th Ed.
  10. layaway: Infoplease Dictionary
  11. layaway: Dictionary.com
  12. Layaway: Wikipedia, the Free Encyclopedia
  13. layaway: TheFreeDictionary.com

Business (2 matching dictionaries)
  1. Layaway: Investopedia
  2. Layaway: Legal dictionary

Miscellaneous (1 matching dictionary)
  1. layaway: Idioms

Slang (2 matching dictionaries)
  1. layaway: Green’s Dictionary of Slang
  2. layaway: Urban Dictionary

Definitions from Wiktionary (
)
American English Definition British English Definition
noun:  (tanning) A pit in which hides are stored.
noun:  (Canada, US) The system of accepting a deposit and holding for a customer to complete purchase.
noun:  (Canada, US) An item which has been held in this way.
verb:  (nonstandard) Alternative form of lay away. [(UK, transitive) To reserve (something) for the future.]
verb:  Nonstandard spelling of lay away. [(UK, transitive) To reserve (something) for the future.]

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