Definition, Meaning & Synonyms

impignorate

verb

/ɪmˈpɪn.jə.neɪt/

Definition

To pledge or pawn an item as security for a loan or debt.

Examples

He decided to impignorate his watch to get some quick cash.
The bank allowed customers to impignorate their property to secure favorable loan terms.
She was hesitant to impignorate her grandfather’s heirloom, fearing it might be lost forever.

Meaning

Impignorate refers to the act of offering something as collateral to secure a loan, effectively giving the lender a claim to the item until the debt is repaid.