A Pawn Shop Definition

A pawn shop definition

A pawn shop definition. Meaning pronunciation translations and examples. Pawnshop a shop where loans are made with personal property as security. Recent examples on the web until that fateful night in june when her 77 year old husband was killed while responding to an alarm at a friend s pawnshop during anti police riots in the streets. Meaning of pawn shop.

Most some places will hold the item for up to 90 days before putting it out on the shelves if in the matter that the loaner does not come to get it and whilst doing the pawn broker submits the information to the police as required by law so that. Pawnbroker the owner of a pawn shop which is a place where one may pawn an item or buy items other persons have pawned. Information and translations of pawn shop in the most comprehensive dictionary definitions resource on the web. One may retrieve the item within a certain period of time if one repays the loan with interest if the loan is not repaid the pawnbroker may sell the item in his her shop.

When one pawns an item one receives a loan and gives the pawnbroker the pawn shop s owner possession of the item. When one pawns an item one receives a loan and gives the pawnbroker the pawn shop s owner possession of the item. 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. Pawnbroker definition is one who lends money in exchange for personal property that can be sold if the loan is not repaid by a certain time.

A shop where a pawnbroker operates their business 2. If the loan is not. A store of various sizes sort of an every day garage sale that people goto in search of a small loan in place of an item as collateral. A pawn shop is a pawnbroker s shop.

What does pawn shop mean. One may retrieve the item within a certain period of time if one repays the loan with interest. Pawnshop definition is a pawnbroker s shop.