The crafty art of hiding an item you want (but cannot afford to buy) in a carefully chosen place somewhere within the store to ensure the item will be there when you're able to return with the money. A way for someone with inadequate or no money to "reserve" an item for themselves at a later date. Anyone who's ever been poor has done this at least once in their life. Also known as "squirrelling".
Joe: "Ma sent me out to the drug store for her tampons yesterday, and that's when I found the cd I've been looking for, but it was the last one in the store. After the tampons, there wasn't even enough left for a damnCoke, that stingy, bloody-twatted bitch!!"
Joe: I wanted to steal it, but you know, the whole "3 strikes" thing. So I found a spot in the store to put it on poor man's layaway until next Friday, when I get paid.
When a man buys an expensive item for a woman but doesn't give it to her until she has sex with him for an agreed-to period of time; the item is said to be on "pussy layaway".
Sugardaddy said he's gonna buy his Trick a Gucci purse but it's on pussy layaway. He's gonna keep the purse in his house and she will get to take it home after she sucks his dick at least twice a week for a month.
The act of keeping contact with a guy/girl that you find interesting but don't want to date, usually once a month - in the hope that they will stay free from other attachments, and you will remain fresh in their memory.
Kurt: "Have you spoke to Annie? I saw her yesterday and she looked really hot"
Tim: "Yea, I have that chick on layaway."
Kurt: "I would have layawayed her too."