What does pawnshop mean?

Definitions for pawnshop
ˈpɔnˌʃɒppawn·shop

This dictionary definitions page includes all the possible meanings, example usage and translations of the word pawnshop.

Princeton's WordNet

  1. pawnbroker's shop, pawnshop, loan officenoun

    a shop where loans are made with personal property as security

Wiktionary

  1. pawnshopnoun

    The business premises of a pawnbroker; where loans are made, with personal property as security

Wikipedia

  1. pawnshop

    A pawnbroker is an individual or business (pawnshop or pawn shop) that offers secured loans to people, with items of personal property used as collateral. The items having been pawned to the broker are themselves called pledges or pawns, or simply the collateral. While many items can be pawned, pawnshops typically accept jewelry, musical instruments, home audio equipment, computers, video game systems, coins, gold, silver, televisions, cameras, power tools, firearms, and other relatively valuable items as collateral. If an item is pawned for a loan (colloquially "hocked" or "popped"), within a certain contractual period of time the pawner may redeem it for the amount of the loan plus some agreed-upon amount for interest. In the United States the amount of time, and rate of interest, is governed by law and by the state commerce department policies. They have the same license as a bank, which is highly regulated. If the loan is not paid (or extended, if applicable) within the time period, the pawned item will be offered for sale to other customers by the pawnbroker. Unlike other lenders, the pawnbroker does not report the defaulted loan on the customer's credit report, since the pawnbroker has physical possession of the item and may recoup the loan value through outright sale of the item. The pawnbroker also sells items that have been sold outright to them by customers. Some pawnshops are willing to trade items in their shop for items brought to them by customers.

ChatGPT

  1. pawnshop

    A pawnshop is a business establishment that offers secured loans to people, often with items of personal property used as collateral. These items may include jewelry, electronics, tools, or musical instruments. If the loan is not repaid within a set time period, the pawned item can be sold by the shop to recover the money lent. Some pawnshops may also buy and sell used or new items.

Suggested Resources

  1. pawnshop

    Song lyrics by pawnshop -- Explore a large variety of song lyrics performed by pawnshop on the Lyrics.com website.

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Numerology

  1. Chaldean Numerology

    The numerical value of pawnshop in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of pawnshop in Pythagorean Numerology is: 4

Examples of pawnshop in a Sentence

  1. Lousiana Gov. Bobby Jindal:

    If Houser had been involuntarily committed here in Louisiana, that information would automatically -- we would have reported that to the national background check system. He shouldn't, he wouldn't have been able to buy a gun; he wouldn't have been able to go into that pawnshop and buy that gun, as he did in another state.

Popularity rank by frequency of use

pawnshop#100000#125423#333333

Translations for pawnshop

From our Multilingual Translation Dictionary

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"pawnshop." Definitions.net. STANDS4 LLC, 2024. Web. 18 Apr. 2024. <https://www.definitions.net/definition/pawnshop>.

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