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Word: layaway (lookup in dictionary) (lookup stats)
Dates: during 1940-1949
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Usage:

...done, Woolworth's will have transformed itself completely into a medium-price variety chain. The company has already copied many merchandising frills from its tonier competitors. The Houston store will make free deliveries of purchases over $5 and, like some other Woolworth stores, it has a "layaway" plan-a kind of charge account in reverse-under which a customer makes a down payment on a piece of merchandise, pays regular installments, but does not get the article Until it is completely paid for. The company also took another radical step (for Woolworth's) this year: it bought space...

Author: /time Magazine | Title: Eight-Million-Dollar Baby | 12/5/1949 | See Source »

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