1. the business of lending money in exchange for personal property that is left as security

Examples

• He entered the pawnbroking business after inheriting his uncle’s shop.
• Pawnbroking has been regulated by state laws for decades.
• The family made their living through pawnbroking in the downtown area.
• She studied the history of pawnbroking for her economics paper.
• Pawnbroking provides quick cash loans to people who need money immediately.
• The city council discussed new licensing requirements for pawnbroking establishments.