Pawnbroker

/ˈpɔːnbroʊkər/ noun

Definition

A person who lends money in exchange for personal items left as security, which can be sold if the loan isn't repaid.

Etymology

From 'pawn' (a valuable item pledged as security, from Old French 'pan', perhaps from Germanic roots) and 'broker' (Middle Dutch 'brocour', a wine seller or agent). The occupation emerged prominently in medieval Europe.

Kelly Says

Pawnbrokers were historically essential to poor communities—they provided emergency loans when banks wouldn't, yet they've been demonized in literature and law as exploitative. Interestingly, your grandmother's jewelry in a pawn shop is still legally yours until the loan expires, making it a unique financial relationship between trust and collateral.

Related Words

Explore More Words

Get the Word Orb API

Complete word intelligence in one call. Free tier — 50 lookups/day.