pawnbroker
pawn·bro·ker /'pȯn-ˌbrō-kər/ n: a person who lends money on the security of personal or movable property pledged in his or her keeping or who buys personal property and gives the seller an opportunity to buy back the property

Merriam-Webster’s Dictionary of Law. . 1996.

pawnbroker
One who lends money in exchange for items pledged as collateral.
Category: Personal Finance & Retirement

Nolo’s Plain-English Law Dictionary. . 2009.


pawnbroker
A person who engages in the business of lending money, usually in small sums, in exchange for personal property deposited with him or her that can be kept or sold if the borrower fails or refuses to repay the loan.

Dictionary from West's Encyclopedia of American Law. 2005.


pawnbroker
A person who engages in the business of lending money, usually in small sums, in exchange for personal property deposited with him or her that can be kept or sold if the borrower fails or refuses to repay the loan.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • pawnbroker — pawn‧bro‧ker [ˈpɔːnˌbrəʊkə ǁ ˈpɒːnˌbroʊkər] noun [countable] someone whose business is to lend people money in exchange for valuable objects: • Pawnbrokers are now allowed to charge any interest rate on loans above $2,500. * * * pawnbroker UK US… …   Financial and business terms

  • Pawnbroker — Pawn bro ker, n. One who makes a business of lending money on the security of personal property pledged or deposited in his keeping. [1913 Webster] …   The Collaborative International Dictionary of English

  • pawnbroker — (n.) 1680s, from PAWN (Cf. pawn) (n.1) + BROKER (Cf. broker) (n.) …   Etymology dictionary

  • pawnbroker — ► NOUN ▪ a person licensed to lend money at interest on the security of an article deposited with him or her …   English terms dictionary

  • pawnbroker — [pôn′ brōk΄ər] n. [ PAWN1 + BROKER] a person licensed to lend money at a legally specified rate of interest on articles of personal property left as security pawnbroking n …   English World dictionary

  • Pawnbroker — A pawnbroker is an individual or business entity that offers monetary loans in exchange for an item of value to the given pawn broker. The word pawn is derived from the Latin pignus , for pledge, and the items having been pawned to the broker are …   Wikipedia

  • pawnbroker — UK [ˈpɔːnˌbrəʊkə(r)] / US [ˈpɔnˌbroʊkər] noun [countable] Word forms pawnbroker : singular pawnbroker plural pawnbrokers someone whose job is to lend money to people in exchange for a valuable object that they can sell if the person does not… …   English dictionary

  • pawnbroker — [[t]pɔ͟ːnbroʊkə(r)[/t]] pawnbrokers N COUNT A pawnbroker is a person who lends people money. People give the pawnbroker something they own, which can be sold if they do not pay back the money before a certain time …   English dictionary

  • pawnbroker — pawn|bro|ker [ˈpo:nˌbrəukə US ˈpo:nˌbroukər] n someone whose business is to lend people money in exchange for valuable objects. If the money is not paid back, the pawnbroker can sell the object …   Dictionary of contemporary English

  • pawnbroker — A person who lends money against the security of valuable goods used as collateral. Borrowers can reclaim their goods by repaying the loan and interest within a stated period. However, if the borrower defaults the pawnbroker is free to sell the… …   Big dictionary of business and management

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