pawnbroking
- noun
- /ˈpɔːnˌbroʊkɪŋ/
- In times of financial difficulty, many turn to pawnbroking as a way to access quick funds using personal items.
Examples
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Micawber: Have I again the pleasure of beholding the infant scourge of the pawnbroking profession?
Fiction book (2000) -
The local shop provides pawnbroking services, allowing people to secure loans with their valuables.
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She decided to visit a pawnbroking establishment to get some cash for her old jewelry.
Synonyms
A shop that lends money if you leave something you own as a promise to pay
How Formal
Surface Forms
Morphology
Etymology
Pawnbroking comes from pawn, which originally meant 'pledge' — something you give as a promise and that is kept until you pay it back — and broker, a person who arranges deals, so pawnbroking is the business of taking your item as a 'pledge' in exchange for a short loan.