What does pawnshop mean?

Pawnshops or pawnbrokers are individuals or businesses who loan money to people in exchange for valuable items which are used as collateral. Collateral-based items vary from jewellery, cameras, electronics, musical instruments, and more. The items offered up as collateral will be returned to the owner once the money that has been loaned is paid back in full with interest. If the pawn loan does not re-pay the pawnbroker within the agreed-upon time limit, the pawnbroker can sell the item to another customer to recoup the money they loaned to the original customer.

How Pawnshops Work

What does the Pawnbroker Symbol Mean?

What Is a Pawn Shop Loan

The History of the Pawnbroker

12 Fascinating Facts About People Who Go to Pawnshops

How Pawn Shops Work: A Beginner's Guide - Maxferd

Pawn Shops Vs. Craigslist: 3 Reasons a Pawn Shop is a Better Option

Hard times are good times at the pawnshop

Cash My Guns What Do You Need to Pawn a Gun & Is It a Good Idea?

The unpredictable economics of pawn shops - The Hustle

Top 3 Things to Pawn at a Pawn Shop - Manhattan Gold & Silver