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10:22 Aug 13, 2017
English to Polish translations [PRO] Bus/Financial - Business/Commerce (general)
English term or phrase:layby account
Financial Discipline Review:
A process has been put into place with the CFO regarding the customer cash and layby accounts which all clusters are busy working with.
Explanation: Layby is known in the US as layaway.
(Australia, New Zealand, South Africa) A method of retail purchase in which the selected goods are set aside and the customer pays for them in instalments, receiving them when fully paid; layaway. https://en.wiktionary.org/wiki/lay-by#English
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. https://en.wiktionary.org/wiki/layaway
Frank MacroJanus United States Local time: 01:19 Specializes in field Native speaker of: English, Polish PRO pts in category: 606