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Layaway vs Reservation - What's the difference?

layaway | reservation |

As nouns the difference between layaway and reservation

is that layaway is things which have had a deposit placed on them and which the owner (generally a store) has agreed to hold for the customer and accept full payment at a later time while reservation is the act of reserving, withholding or keeping back.

As a verb layaway

is to place items on hold with a deposit at a merchant's.

layaway

English

Noun

(en noun)
  • Things which have had a deposit placed on them and which the owner (generally a store) has agreed to hold for the customer and accept full payment at a later time.
  • The system of accepting a deposit and holding for a customer to complete purchase.

    • Verb

  • To place items on hold with a deposit at a merchant's.

    • reservation

    English

    Noun

    (en noun)
  • The act of reserving, withholding or keeping back.
  • Something that is withheld or kept back.
  • A limiting qualification (often used in the plural).
    • I have reservations about your intentions.
  • (US) A tract of land set apart by the US government for the use of a Native American people; Indian reservation (compare Canadian (reserve)).
  • An arrangement by which accommodation or transport arrangements are secured in advance.
  • (UK) The area which separates opposing lanes of traffic on a divided motorway.
  • (India) The setting aside of a certain percentage of vacancies in government institutions for members of backward and underrepresented communities (defined primarily by caste and tribe).

    • Synonyms

    * booking (5) * median (6) * median strip (6)

    Abbreviations

    * res, rez (Indian reservation)

    Related terms

    * reserve