Concept information
Preferred term
pawnbrokers
Definition
- A pawnbroker is a licensed dealer who lends money on personal property at a regulated rate of interest. If the loan is not repaid in the agreed-on time, the pawnbroker has the right to take possession of the item and sell it. [Source: Encyclopedia of Social Deviance; Pawnbrokers]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/pawnbrokers
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