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."
Tim: "Yea, I have that chick on layaway."
Kurt: "I would have layawayed her too."
by poshloks July 29, 2011
by TotoDrake March 12, 2009
When you get on an underage girl's good side so that once she becomes legal, you can get her in the sack.
by mawz April 02, 2003
by Leh1030 August 11, 2009
The act of keeping a cute chubby girls number, knowing that she has a gym membership, and calling her in 2-3 months hoping she shed the chub.
"Kristina is cute and all, but I just don't like chubby girls."
"She just started going to the gym, why don't you just keep her on layaway for awhile?"
"Hmmm, good idea!"
"She just started going to the gym, why don't you just keep her on layaway for awhile?"
"Hmmm, good idea!"
by Sdotmosa March 26, 2010
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.
by Big C$ April 12, 2010
Only two more Midwest Layaway deposits, and that VHS Box set of Full House Season 3 is totally mine.
by dinkle donkle September 03, 2011