Other forms: pawnshops
A pawnshop is a shop that lends money against goods left as security. Take it to a pawnshop, a pawnshop window, redeem it from the pawnshop.
You leave an item, take a loan against it, and get the item back when you repay with interest; if you do not, the pawnshop sells it. The three gold balls hanging outside are the sign of the trade, taken from the arms of the Medici bankers.
1nounpawnshopA shop that lends money against goods left as security.
“He took his watch to the pawnshop to borrow money for the rent.”
pawnshop is a shop.
From pawn, a pledge, from Old French pan, plus shop. The pawn of chess is an unrelated word.
From pawn + shop.
Etymology from Wiktionary, CC BY-SA