Pawn Broker

Business, Legal & Accounting Glossary

Definition: Pawn Broker


Pawn Broker


Full Definition of Pawn Broker


A small lender who lends money at a high interest rate and holds some of the borrower’s personal goods as collateral, to be sold to the public (in a pawn shop) in the event of default.


Cite Term


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Page URL
https://payrollheaven.com/define/pawn-broker/
Modern Language Association (MLA):
Pawn Broker. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 13, 2025 https://payrollheaven.com/define/pawn-broker/.
Chicago Manual of Style (CMS):
Pawn Broker. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/pawn-broker/ (accessed: March 13, 2025).
American Psychological Association (APA):
Pawn Broker. PayrollHeaven.com. Retrieved March 13, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/pawn-broker/

Definition Sources


Definitions for Pawn Broker are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.