pawnshop
word
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.
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Some people shop at the pawnshop for good deals on electronics.
natural
The pawnshop keeps your item until you repay the loan.
basic
I found a rare guitar at the local pawnshop last week.
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He took his camera to the pawnshop when he needed some quick cash.
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