Are You An Expert Pawn Broker?

Chairs cannot be pawned because they are not typically considered valuable items that hold significant resale or loan value. Pawnshops typically accept items such as jewelry, computers, and cameras because they can be easily sold or have a higher market value. However, chairs are common household items that do not hold much monetary value, making them unsuitable for pawning.

Items that have been pawned to the broker are called pledges.

The correct answer is three spheres suspended from a bar. In many countries, the symbol of pawnbrokers is three spheres suspended from a bar. This symbol represents the three main elements of pawnbroking: lending, buying, and selling. The spheres symbolize the items that are pawned, while the bar represents the pawnbroker's shop or establishment. This symbol has been used for centuries and is widely recognized as the emblem of pawnbrokers around the world.

The colloquial word for pawning an item for a loan is "hocked". When someone is in need of money, they can take an item of value to a pawn shop and receive a loan in exchange for leaving the item as collateral. This process is commonly referred to as "hocking" the item.

The symbol of a pawn shop in Hong Kong is three spheres suspended from a bar. This symbol is commonly seen outside pawn shops in Hong Kong and represents the three essential elements of pawnbroking: lending, buying, and selling. The spheres symbolize the different items that can be pawned or traded, while the bar represents the shop itself. This symbol is widely recognized and associated with pawn shops in Hong Kong.

A fence is the middleman between a thief and the buyer of stolen goods. They typically buy stolen goods from thieves at a lower price and then sell them to buyers at a higher price, making a profit in the process. This illegal activity allows the thief to distance themselves from the stolen goods and the buyer to acquire them without directly dealing with the thief.

The amount of time and rate of interest for a loan is governed by pawnbroker's policies. This means that pawnbrokers have their own rules and regulations regarding the duration of the loan and the interest rate that will be charged. These policies may vary from one pawnbroker to another, and they are usually based on factors such as the value of the item being pawned and the perceived risk associated with the loan. Therefore, it is important for borrowers to understand and abide by the pawnbroker's policies when obtaining a loan.

St Nicholas is the patron saint of pawnbrokers because he is known for his generosity and care for the poor. He is believed to have helped those in need by giving them money and gifts. Pawnbrokers, who provide loans to people in exchange for their personal items, often assist those who are financially struggling. Therefore, St Nicholas' reputation as a helper of the poor and his association with giving and generosity make him the patron saint of pawnbrokers.

The estimation of the number of pawnbrokers in the US is 11000.

The Japanese word for the number "seven" sounds familiar to the word for "pawn".