Pawnshop
An easy-access credit business that makes Glossary 40 high-interest loans secured by personal property collateral, such as jewelry.
Pawnshops have to be careful to manage how many new items they accept as pawns: either too little inventory or too much is bad.
Broke, USA: From Pawnshops to Poverty, Inc. - How the Working Poor Became Big Business. New York, NY: HarperCollins. p. 26. ISBN 0061733210.
^ O'Donnell, Jayne; Michelle Walbaum (11 July 2009).
Asset Financing - Companies borrow money secured by specific assets such as land, buildings or equipment rather than by general obligation. In some respects, this is the corporate equivalent of going to the pawnshop.
 See also: Banks, Fraud, Payday loan, Expense, Title loan
  
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