Definition

A person or business that lends money to people in exchange for personal items that are kept as security until the loan is paid back.

Example

She took her grandmother's jewelry to the pawnbroker to get some quick cash.

Conversation

Have you ever thought about visiting a pawnbroker?

Not really, why do you ask?

I heard they can help if you need quick cash for something.

That makes sense, but I'd be cautious about what I pawn.

Synonyms & Antonyms

Root Explanation

Pawnbroker → It is formed from "pawn" (from Old French *pan, pawn*, meaning a pledge or something given as security) and "broker" (from Old English *brocere*, meaning a trader or dealer). A pawnbroker is someone who deals in pledges or loans secured by personal property.

Memory Tip

Think of a 'pledge' ('pawn') that you give to someone who 'trades' ('broker') in loans — that's what a pawnbroker does.

Visually Confused Words