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Pawn
(redirected from pawning off)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia 0.01 sec.
Pawn
1. To give at item to a pawnbroker in exchange for a loan. When one pawns an item, one receives the loan and gives the pawnbroker possession of the item. One may receive the item back 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. Because the pawnbroker already has possession of the item, he/she does not report non-payment of a loan and it does not affect the borrower's creditworthiness.

2. A fairly uncommon term for collateral.


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Buy Boxed Sets I''m typically opposed to box sets when it comes to electronics as there have been many instances in the past where these were merely a method of pawning off inferior goods on an unsuspecting public.
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