One may retrieve the item within a certain period of time if one repays the loan with interest. See the full definition for pawnshop in the english language learners dictionary. 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.
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