Examples of Pawn transaction in a sentence
Pawn transaction" means the lending of money on the security of pledged tangible personal property that is delivered to a pawnbroker and held by the pawnbroker.
Pawn transaction" means the act of lending money on the security of pledged tangible personal property, or the act of purchasing tangible personal property on the condition that it may be redeemed or repurchased by the seller for a fixed price within a fixed period of time.(b) W.S. 40‑14‑359 through 40‑14‑361 shall not supersede the rights of cities, towns and counties to regulate and license pawnshops in any fashion consistent with this act.
Pawn transaction is a common transaction among people, especially those who expect a legal protection and legal certainty that cover all parties.
Pawn transaction should also be performed in simple, flexible, transparent, and accountable way, but it must still be carried out very carefully.
Pawn transaction shall mean the lending of money on the security of pledged tangible property.