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Investments glossary

Layaway


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Quotes of the day:

Treasure the love you receive above all. It will survive long after your gold and good health have vanished.

— Og Mandino

Layaway is a purchasing method in which a consumer places a deposit on an item to lay it away for later pick-up when they are financially positioned to pay off the balance. Layaway also lets customers make smaller payments on the product until the purchase is paid in full. A layaway plan ensures the consumer will get their chosen merchandise once it’s fully paid.


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