What does pawnbroker mean?

Definitions for pawnbroker
ˈpɔnˌbroʊ kərpawn·bro·ker

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

Princeton's WordNet

  1. pawnbrokernoun

    a person who lends money at interest in exchange for personal property that is deposited as security

Wiktionary

  1. pawnbrokernoun

    A person who makes monetary loans at interest, taking personal property as security – which may be sold if not redeemed.

Samuel Johnson's Dictionary

  1. Pawnbrokernoun

    One who lends money upon pledge.

    Etymology: pawn and broker.

    The usurers or money-changers were a sort of a scandalous employment at Rome; those money-scriveners seem to have been little better than our pawnbrokers. Arbuthnot.

Wikipedia

  1. Pawnbroker

    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. pawnbroker

    A pawnbroker is a business professional who provides secured loans to individuals, often using their personal property as collateral. This property is given back to the individual when the loan is repaid, but if the loan is defaulted upon, the pawnbroker can sell the property to regain the loan's value. The items for pawn can include jewelry, electronics, musical instruments, tools, etc.

Webster Dictionary

  1. Pawnbrokernoun

    one who makes a business of lending money on the security of personal property pledged or deposited in his keeping

Wikidata

  1. Pawnbroker

    A pawnbroker is an individual or business that offers secured loans to people, with items of personal property used as collateral. The word pawn is derived from the Latin pignus, for pledge, and the items having been pawned to the broker are themselves called pledges or pawns, or simply the collateral. If an item is pawned for a loan, 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. The amount of time, and rate of interest, is governed by law or by the pawnbroker's policies. If the loan is not paid within the time period, the pawned item will be offered for sale 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.

The Foolish Dictionary, by Gideon Wurdz

  1. PAWNBROKER

    A mercenary man to whom money is the one redeeming quality.

Etymology and Origins

  1. Pawnbroker

    See “Pawn” and “Broker.”

Matched Categories

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Numerology

  1. Chaldean Numerology

    The numerical value of pawnbroker in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of pawnbroker in Pythagorean Numerology is: 6

Examples of pawnbroker in a Sentence

  1. Arthur Wing Pinero:

    A financier is a pawnbroker with imagination.

Popularity rank by frequency of use

pawnbroker#100000#102620#333333

Translations for pawnbroker

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"pawnbroker." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/pawnbroker>.

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