hockshop

Loans on collateral

A hockshop is a pawnshop—a place where people bring valuables to exchange for short-term loans, with the items held as collateral until the loan is repaid.

The term is informal and slightly dated: He pawned his guitar at a hockshop downtown.

lending

pawnbroker

Lender against personal property

  • loanBorrowed money repaid later
  • pledgeBinding promise given
  • redeemRecover through payment

ticket · interest · usury · advance · credit · borrower · lender · creditor · debtor · repayment

merchandise

jewelry

Ornamental personal accessories

tools · firearm · gold · silver · diamond · ring · necklace · bracelet · guitar · television

culture

desperation

Utter loss of hope

neon · storefront · uncle · emergency · cash-strapped · discreet · neighborhood · urban · gritty

transaction

appraisal

Estimation of worth

claim · redemption · forfeit · markup · haggle · negotiate · lowball · offer · buyback · consignment

Opposites
retail establishment prestige/clientele

hockshopCartier

French luxury jewelry brand

jewelry store · department store · auction house · designer boutique · Neiman Marcus

financial transaction type

hockshopbank

Place holding deposits

private bank · investment firm · credit union · brokerage · trust company

Family

hockshops

Familiarity
Top 1,000,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G