pawnbroker

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Related to Pawn broker: Pawn shop

Pawnbroker

The owner of a pawn shop, which is a place where one may pawn an item or buy items other persons have pawned. When one pawns an item, one receives a loan and gives the pawnbroker (the pawn shop's owner) possession of the item. One may retrieve the item 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 the loan and it does not affect the borrower's creditworthiness.

pawnbroker

a person or firm that makes LOANS, taking temporary possession of borrowers’ personal ASSETS as security for the loan. Borrowers can reclaim their assets by repaying the loan and interest charges in full, although if they default the pawnbroker is entitled to sell their assets.
References in periodicals archive ?
Pawn Broker, who returned from the wilderness to display his class in the mile conditions event
Unfortunately Pawn Broker has not changed with the move and on this evidence still finds very little when let down.
David Elsworth, trainer of Island Sound and Pawn Broker
Briefly he looked under serious threat from Pawn Broker before going on to defeat that rival by one-and-a-quarter lengths.
Briefly he looked under threat from Pawn Broker before going on to win by one and a quarter lengths with Godolphin hope Best of the Bests a further three quarters of a length back in third.
Richard Hughes rallied Far Lane to beat 33-1 outsider Pawn Broker, ridden by Dane O'Neill, by half a length with heavily-backed favourite Macadamia trailing in a tailed-off last under Jamie Spencer after being badly hampered during the race.
Mubtaker, ridden by Richard Hills, proved Tregoning's judgement to be spot on when edging out favourite Nooshman and Pawn Broker in a three- way photo for the Badger Brewery Conditions Stakes.
But the race Elsworth would dearly like to grab by the jaws is the Magnolia Stakes, as he runs Island Sound against Pawn Broker.
SAKHEE and Pawn Broker are set to renew rivalry in Wednesday's JWE Telecom plc Dante Stakes at York.
Pawn Broker is a horse of considerable class - leave him out at your peril.
David Elsworth has never lost faith in Pawn Broker and the three-year- old colt proved the Whitsbury trainer right when returning to form with victory in the Dubai Arc Trial Stakes at Newbury two weeks ago.
The pair met in the Thresher Classic Trial at Sandown last month when Pawn Broker was sent off the 6-4 favourite having won the John Mowlem Feilden Stakes at Newmarket on his previous outing.