Definition, Meaning & Synonyms
pawner
noun
ˈpɔː.nər
Definition
A person who pawns an item in exchange for money or a loan.
Examples
- After losing their job, she became a pawner to get some quick cash.
- The pawner handed over an expensive watch in hopes of securing a loan.
Meaning
A pawner is someone who gives a valuable item to a pawnbroker as collateral for a loan. If the loan is not repaid, the pawnbroker can keep the item.
Synonyms
- Borrower
- Collateral provider
- Pawnbroker client
