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Pawnshop Meaning in English

word

ˈpɔnˌʃɑp
PAWN-shop
pˈɔːnʃɒp
PAWN-shop

Definition

A pawnshop is a store where people can leave valuable items as collateral to get a short-term loan. If they pay the loan back, they get their item back; if not, the shop may sell the item.

Usage & Nuances

'Pawnshop' is neutral and mainly used for legal shops providing short-term loans. Often paired with 'go to a pawnshop', 'take something to the pawnshop', or 'redeem (something) from the pawnshop'. Sometimes confused with 'thrift store' (secondhand goods) but different: pawnshops provide loans with items as collateral.

Example Sentences

She went to the pawnshop to get a loan for her watch.

basic

You can buy used jewelry at a pawnshop.

basic

The pawnshop keeps your item until you repay the loan.

basic

I found a rare guitar at the local pawnshop last week.

natural

He took his camera to the pawnshop when he needed some quick cash.

natural

Some people shop at the pawnshop for good deals on electronics.

natural