pawnbroker

Also known as pawnshop, pawn shop, hockshop, pawn store, pawnbrokers shop

Wikidata facts

Instance of: profession
Subclass of: shop
Image: Rembrandt - The Parable of the Rich Fool.jpg

Show 6 more facts

equivalent class: schema.org/PawnShop
Merchant Category Code: 5933
OpenStreetMap tag: shop=pawnbroker
Commons category: Pawnbrokers
female form of label: rahhana
male form of label: rahhan

Sources (2)

via Wikidata · CC0

~17 min read

Encyclopedic overview

13 sections

Contents

History
Business model
Assessment of items
Determining amount of loan
Inventory management
Auxiliary operations
Upscale pawnshops
Image Building
Industry
Three-ball symbol
In Asia
See also
References

thumb|A pawnshop business in Munich, Germany in 2014 thumb|Helsingin Pantti's pawnbroker in Helsinki, Finland in 2023 thumb|A London shop displays the traditional pawnbroker's sign

A pawnbroker is an individual who offers secured loans to people by taking items of personal property as collateral. A pawnbrokering entity is called a pawnshop or . While many items can be pawned, pawnshops typically accept jewelry, musical instruments, coins, gold, silver and firearms. Home-audio equipment, computers, video-game systems, televisions, cameras, and power tools became pawnable as the world entered the Information Age. The items pawned to the broker or shop are themselves called pledges, pawns, or simply the collateral.

Excerpted from Wikipedia’s “pawnbroker” article, available under the CC BY-SA 4.0 licence.