Pawnbroker

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Pawnbroker

A person who engages in the business of lending money, usually in small sums, in exchange for Personal Property deposited with him or her that can be kept or sold if the borrower fails or refuses to repay the loan.

References in periodicals archive ?
A HOODED robber demanded cash from petrified staff at a Chester pawn brokers on Saturday.
Alex said: 'When we're on tour, Nick and I tend to go hunting through second-hand shops, pawn brokers and markets looking for interesting stuff.
He exchanged the valuables for cash at pawn brokers and then used the money to play pachinko and bet on ''keirin'' bicycle races, they said.
But Gonen, who is also the president of the Association of Pawn Brokers in California, contended that gun sales account for only 3 percent to 5 percent of business sales for most of Los Angeles' 125 pawnshops.
According to Lanham, only pre-qualified, licensed pawn brokers can list products for sale on Deal4it.
This controversial issue together with pawn brokers can only be dealt with by getting the banks to lend only so much money, which they can afford to pay back within a certain time.