Meaning of “lay-by” in the English Dictionary

"lay-by" in British English

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lay-bynoun

uk /ˈleɪ.baɪ/ us /ˈleɪ.baɪ/

lay-by noun (ROAD)

[ C ] plural lay-bys UK a place at the side of a road where a vehicle can stop for a short time without interrupting other traffic:

We pulled into a lay-by to look at the map.
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lay-by noun (PAYMENT)

[ U ] Australian English a system of paying for goods in small amounts and receiving the goods after the full amount has been paid, or goods bought in this way

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(Definition of “lay-by” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)