pawnbroker


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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 ?
David stated at the meeting, "I am more than happy to prove to my fellow pawnbrokers that we can do more, as an Association, to support pawnshops throughout the city and state.
Our investigation found five pay-day lenders, such as The Money Shop, or pawnbrokers with better rates than Santander, HSBC, NatWest, RBS and Barclays.
H&T said the rising gold price was helping the group to weather tough market conditions - with pawnbrokers hit in recent years by intense competition and as gold jewellery has fallen out of favour.
If you do not go back for the goods within six months and the amount borrowed is PS75 or less, the goods will become the pawnbroker's property.
Albemarle & Bond Jewellers & Pawnbrokers and Herbert Brown & Son, which employ 62 people in the region, have gone into administration.
WEBSTER - A temporary moratorium on medical marijuana treatment centers, a more stringent bylaw for pawnbrokers and secondhand dealers, and fingerprint checks for those applying for hawking, peddlers, liquor, pawn dealers, hackney drivers and ice cream truck vendor licenses are some of the big issues being decided at the special town and annual town meetings May 13.
Highly visible corner store at ideal location in busy area with benefit of Pawnbroker license and customer flow.
A police team is also interrogating Deekshitulu and pawnbroker Sagar Lal.
Fortunately, he is sheltered by another newcomer, a pawnbroker who buys secrets and anything else people might want to be rid of.
The committee proposes a revised instruction for: 14.7 False Verification of Ownership or False Identification to a Pawnbroker. The committee invites all interested persons to comment on the proposal, reproduced in full below.
This time out Woody (Tom Hanks) has caught the eye of a toy collector with the soul of a pawnbroker, and Buzz (Tim Allen) and the gang set off on the sort of rollicking adventure that Jim Henson and Robert Louis Stevenson might have coauthored, all to the accompaniment of tunes by Randy Newman, Sarah MacLaughlin, and Robert Goulet.
She is sympathetic to Tafuri's view of history as a 'project of crisis'; her Walter Benjamin is the protagonist of destruction, and not the Benjamin who wrote of society having left 'one portion of human heritage' at the pawnbroker's for a hundredth of its true value.