Pawn definition

Pawn means any article subject to a pledge;
Pawn or "Pawn transaction" means a Pawn or pawn transaction. – A written bailment of personal property as security for a debt, redeemable on certain terms within 180 days, unless renewed, and with an implied power of sale on default.
Pawn or “Pawn transaction” means either of the following transactions:

Examples of Pawn in a sentence

  • Any transaction that does not meet the Automated Pawn System Interchange File Specification must be corrected and resubmitted the next business day.

  • Occupation (please ✓) : Private Sector Service Public Sector Service Government Service Professional Agriculturist Retired Housewife Student Business [Nature of Business] Doctor Forex Dealer Money lender Casino Owner Arms manufacturer Gambling services offerer Money lender Pawn Broker Others [Please specify] b.

  • Pawn Transaction” means any loan on the security of pledged goods or any purchase of pledged goods on the condition that the pledged goods are left with the pawnbroker and may be redeemed or repurchased by the seller for a fixed price within a fixed period of time.

  • Occupation (please ✓) : Private Sector Service Public Sector Service Government Service Professional Agriculturist Retired Housewife Student Business [Nature of Business] Doctor Forex Dealer Money lender Casino Owner Armsmanufacturer Gambling services offerer Money lender Pawn Broker Others [Please specify] b.

  • The building floor area occupied by a Pawn Shop shall not be located within 1,000 feet from the closest building floor area occupied by another Pawn Shop.


More Definitions of Pawn

Pawn means any advancement of funds on the security of pledged goods on condition that the pledged goods are left in the possession of the pawnbroker for the duration of the pawn and may be redeemed by the pledgor on the terms and conditions contained in this section.
Pawn means lending money on the deposit or pledge of personal property, or purchasing personal property on the condition of selling the property back again at a stipulated price, with the condition indicated verbally, in a written agreement, or in any other form indicating that the seller may repurchase the personal property sold. For purposes of this chapter, "personal property" does not include general intangibles, accounts (including deposit accounts), chattel paper, commercial tort claims, documents, instruments, investment property, letter-of-credit rights, letters of credit, money, or oil, gas, or other minerals before extraction.
Pawn means to give possession of goods to a lender of money as security for the repayment of a loan;
Pawn means to give as a deposit anything in pledge or as security for the payment of a loan or debt;
Pawn means the deposit of property as a pledge or collateral security for a debt;
Pawn or ‘Pawn transaction' means a written bailment of personal
Pawn means the activity to deposit goods or chattels as security for the payment of money or other consideration;