Welcome to the 1520 Perfect Dictionary

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Pawnbroking
PAWNBROKING

Definition: Business of advancing loans to customers who have pledged household goods or personal effects as security on the loans.
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Quote: "Leave something for someone, but don't leave someone for something"- Enid Blyton.


* All nine elements would be in.


1. Business is sure a legally registered one.

1. Purpose established by pawnbroker.

2. Necessity confirmed by beneficiary.

3. Valuation to be professionally done.

4. Processes or procedures, specified and identified, commences.

i. Request or application submitted.

ii. Details or contents are verified.

iii. Discussions needed are conducted.

iv. Collateral is examined or received.

v. Contract - a document is duly signed.

5. Storage, security, keeping, safety, etc. of collateral are ensured.

i. Ownership.* Proof.

ii. Insurance. * If... .

iii. Protection.

iv. Safe-keeping.

v. And monitoring.

6. Issuance of loan (cash, monies) is timely, correct, complete.

7. Money or monies (= help) real or realistic.

8. Pawnbroker stays aware of passage of time.

9. Paid back as expected; serves purpose(s).

9. Held back item returned in OK condition.

9. Both parties will achieve objective(s).
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See perfect SENSE OF BUSINESS.

See perfect MONEY-MAKER (1).

See perfect BROKERAGE (2).

See perfect PAWNBROKER.

See perfect BUSINESS (1).

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