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pawnbroker

A Dictionary of Business and Management | 2006 | © A Dictionary of Business and Management 2006, originally published by Oxford University Press 2006. (Hide copyright information) Copyright

pawnbroker A person who lends money against the security of valuable goods used as collateral. Borrowers can reclaim their goods by repaying the loan and interest within a stated period. However, if the borrower defaults the pawnbroker is free to sell the goods. The operation of pawnbrokers is governed by the Consumer Credit Act (1974).

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Related newspaper, magazine, and trade journal articles from HighBeam Research

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Pawnbroker.com Assembles Advisory Board; Industry Powerhouses Support Future Site and Offer Expertise.
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Related entries from encyclopedias, dictionaries, and thesauruses

pawnbroker
Book article from: A Dictionary of Business and Management pawnbroker A person who lends money against the security of valuable...stated period. However, if the borrower defaults the pawnbroker is free to sell the goods. The operation of pawnbrokers is governed by the Consumer Credit Act (1974).
Pawnbroker
Encyclopedia entry from: West's Encyclopedia of American Law 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 .
Pawn
Encyclopedia entry from: West's Encyclopedia of American Law ...limited sense, it denotes a deposit of personal property with a pawnbroker as security for a loan. A pawned article is retained until...repaid within a certain time. If it is not repaid on time, the pawnbroker may sell the item.
William Booth
Encyclopedia entry from: Encyclopedia of World Biography ...on April 10, 1829. As a youth, he was apprenticed to a pawnbroker, but after a conversion experience he began street preaching...chapel. In 1849 he went to London, where he worked as a pawnbroker. Three years later, however, he became a full-time Methodist...
pawnbroking
Book article from: The Oxford Companion to Irish History ...first regulated in Ireland by an act of 1786, which required pawnbrokers to take out an annual licence at a cost of £100...proof of good character. Subsequent legislation required pawnbrokers to execute a bond of £1,000 and to provide three...

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