Pawn definition

Pawn means any article subject to a pledge;
Pawn means to give as a deposit anything in pledge or as security for the payment of a loan or debt;
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.

Examples of Pawn in a sentence

  • If it is sold, traded or given to anyone else, or if it is found at a Pawn Shop, on EBay, on Craigslist or another venue, you will be banned from the TAP for life and cannot receive equipment in the future, plus the wireless device itself will be shut down (made unusable).

  • Any matters which have not been stipulated under this contract shall be handled in accordance with the relevant provisions of <People’ Republic of China’s Guarantee Law>, <City Real Estate Mortgage Administrative Measures>, <Shanghai Real Estate mortgage Rules> and <Pawn Administration Rules>.

  • Per the Pawn Agreement, the Respondent advised the Applicant accordingly in obtaining relief from the Tribunal.

  • Further, the Pawn Agreement entitled the Applicant to approach the Tribunal in the instance where there is loss or damage to the security provided, as is the case with the Applicant’s golden ring.

  • If Title Pawn fails to comply with the foregoing, BellSouth shall thereafter be authorized to take action on the surety bond and utilize the cash proceeds as security for Title Pawn’s account(s).


More Definitions of Pawn

Pawn or “Pawn transaction” means either of the following transactions:
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 to give possession of goods to a lender of money as security for the repayment of a loan;
Pawn means the deposit of property as a pledge or collateral security for a debt;
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 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;