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Home Explore the BBC. This page has been archived and is no longer updated. Find out more about page archiving. Inside Out. But as is the case today, it wasn't just the poor who visited pawnbrokers. People from all walks of life were customers of pawnshops. Today's pawnbroking Today pawnbroking is making a comeback, as loans from the banks become harder to come by.
Here is her overview of how pawnbroking works as well as her tips on debt advice How pawnbroking works Annie Shaw - financial agony aunt. Pawnbroking - emergency lifeline? Watch latest edition in full. Explore the BBC. BBC Homepage England. Your email is private to us - see our privacy policy. The word pawn is derived from the Latin word pignus , for pledge or pawn. A pawnbroker is an individual or business that loans people money and uses personal items as a pledge to repay the loan. If the loan is not repaid, the pawnbroker will sell the property.
While many items can be pawned, the most common are jewelry, gold, musical instruments, computers, video game systems, televisions, cameras, power tools, and other valuable items as collateral. Pawnbroking first started in ancient China by Buddhist monks over 3, years ago to give loans to peasants and small businesses.
Informal any elderly man: a term of address. Slang a pawnbroker. What does Bob's your uncle mean? Lord Salisbury decided to appoint a certain Arthur Balfour to the prestigious and sensitive post of Chief Secretary for Ireland. What do you reply when someone calls you aunty? The stock response to being asked why you're calling me uncle is that it is a matter of respect. On a very good day, I graciously accept that explanation.
Most times I protest against it. What is a half uncle? A half brother-in-law of one's parent. What does Auntie mean in Singapore? What did Uncle stand for? What does Auntie mean in Hawaii? In Hawaiian culture, to call an elder auntie or uncle is to communicate endearment and respect, along with an implied familial bond.
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