pawned items
Broker's held merchandise
Pawned items are possessions left with a pawnbroker as collateral for a loan.
The owner can reclaim them by repaying the loan plus interest within a set period; otherwise, the pawnbroker sells them.
The phrase often appears in contexts of financial desperation: The shop was full of pawned items—guitars, jewelry, power tools.
- collateralSecurity for debt
- jewelryOrnamental personal accessories
- gold chainsLinked yellow metal jewelry
- desperationUtter loss of hope
- hard timesPeriod of difficulty
down on your luck · ticket stub · tools · antiques · heirlooms · musical instruments · luxury watches · forfeiture · appraisal · collectibles · loan agreement · urban folklore · sentimentality · electronics · interest rate · no questions asked · secured loan · survival strategy
financial security
pawned itemsinvestments
Assets bought for profit
savings · nest egg · liquid assets · financial cushion · emergency fund