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Definitions from WordNet

Definitions from the Web

Pawnbroker

Description:

A pawnbroker is a person or business that offers loans to individuals in exchange for their personal belongings, which serve as collateral. The pawnbroker holds the pledged item until the borrower repays the loan with interest.

Parts of Speech:

• Noun

Senses:

Sense 1:

(Noun) A person who lends money by taking personal property as collateral.

Example Sentence: The pawnbroker evaluated the jewelry and offered a loan based on its value.

Example Product: Pawnbroker Guide Book

Sense 2:

(Noun) A business establishment, often operating as a shop, where individuals can obtain loans in exchange for pledging personal belongings.

Example Sentence: John had to visit the pawnbroker to get some money quickly before his next paycheck.

Example Product: Pawnbroker Jewelry

Usages:

Popular and local usages of "pawnbroker" include:

• Visiting a pawnbroker to secure a short-term loan using valuable possessions as collateral.
• Engaging in pawnbroking as a means of obtaining money without accessing traditional financial institutions.
• Exploring the variety of items available for purchase in pawnbroker shops.