What does pawnshop mean?
A shop where people can pawn or sell second-hand goods, often at a low price, and sometimes also buy them back at a higher price. A pawnshop is a place where people can borrow money by offering an item of value as collateral.
Example
"The pawnshop on the corner of the street was a popular place to sell unwanted items."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.