The amount a pawn shop is willing to lend is based primarily on the value of the item, but it can also be substantially affected by the pawnshop's current inventory at the time of the loan. A pawnshop makes a loan to an individual who turns over custody of an item, such as a television or a computer, that serves as collateral for the loan. The first revenue source for a pawnshop is income derived from making loans and earning interest on the loan balances. C a person who does not have any real power but is used by others to achieve something: The refugees are pawns in an international political dispute. Burazin/ Photographer's Choice/GettyImages. Pawnshops can also make money from retail sales, either selling merchandise purchased directly from customers or items pledged as loan collateral from customers who subsequently defaulted on their loans. pawn noun (GAME PIECE) C any one of the eight least valuable pieces in the game of chess.In common usage, pawn signifies a pledge of goods, as distinguished from a pledge of intangible personal property, such as a contract right. A deposit of goods with a creditor as security for a sum of money borrowed. If the customer fails to repay the loan plus the interest (or at the very least, the interest charge), the customer forfeits the property put up as collateral to the pawnshop. To deliver Personal Property to another as a pledge or as security for a debt.
Because the risk of loan default is high, the pawnshop owner will charge the customer a higher interest rate for the loan than a traditional bank loan.A pawnshop owner makes a loan to a customer who turns over the custody of an item that acts as collateral for the loan.The two primary ways pawnshops make money is by making personal loans and by reselling retail items.It is the hypothetical source of/evidence for its existence is provided by: Sanskrit pad-, accusative padam "foot " Avestan pad- Greek pos, Attic pous, genitive podos Latin pes, genitive pedis "foot " Lithuanian padas "sole," pėda "footstep " Old English fot, German Fuß, Gothic fotus "foot. It forms all or part of: antipodes apodal Arthropoda babouche biped brachiopod cap-a-pie centipede cephalopod cheliped chiropodist expedite expedition foot foosball fetch (v.) fetter fetlock gastropod hexapod impair impede impediment impeach impeccable isopod millipede octopus Oedipus ornithopod pajamas pawn (n.2) "lowly chess piece " peccadillo peccant peccavi pedal pedestrian pedicel pedicle pedicure pedigree pedology pedometer peduncle pejoration pejorative peon pessimism petiole pew Piedmont piepowder pilot pinniped pioneer platypus podiatry podium polyp pseudopod quadruped sesquipedalian stapes talipes tetrapod Theropoda trapezium trapezoid tripod trivet vamp (n.1) "upper part of a shoe or boot " velocipede.
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