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
- moneylender
- usurer
- pawnshop
- loan shark
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'
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.
