pawnbroker

[ˈpɔːn.brəʊ.kər]

pawnbroker Definition

a person or business that lends money to people in exchange for their possessions, which can be sold if the money is not paid back within a certain time.

Using pawnbroker: Examples

Take a moment to familiarize yourself with how "pawnbroker" can be used in various situations through the following examples!

  • Example

    He had to visit the pawnbroker to get some cash.

  • Example

    The pawnbroker offered him a loan against his watch.

  • Example

    She had to pawn her jewelry at the pawnbroker's shop.

  • Example

    The pawnbroker charged high interest rates.

pawnbroker Synonyms and Antonyms

Synonyms for pawnbroker

Phrases with pawnbroker

  • pawnbroker's shop

    a shop where a pawnbroker works and where people can borrow money by leaving something valuable as security

    Example

    She had to go to the pawnbroker's shop to pawn her necklace.

  • pawnbroker's ticket

    a receipt given by a pawnbroker to someone who has left something valuable as security for a loan

    Example

    He lost his pawnbroker's ticket and couldn't get his watch back.

  • pawnbroker's interest

    the amount of money charged by a pawnbroker for lending money against something valuable

    Example

    The pawnbroker's interest was too high for him to pay back.

Origins of pawnbroker

from 'pawn' + 'broker', meaning 'one who lends money on security of personal property'

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Summary: pawnbroker in Brief

A 'pawnbroker' [ˈpɔːn.brəʊ.kər] is a person or business that lends money to people in exchange for their possessions, which can be sold if the money is not paid back within a certain time. It is often associated with pawnshops and high-interest rates, as in 'The pawnbroker charged high interest rates.' Phrases like 'pawnbroker's shop' and 'pawnbroker's ticket' denote the physical location and receipt given for pawning an item.