PAWNED Meaning and
Definition
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Pawned is the past tense of the verb "pawn." To pawn something means to temporarily exchange it for a loan of money from a pawnbroker. When an item is pawned, it serves as collateral for the loan and is retained by the pawnbroker until the loan is repaid. In this process, the pawnbroker assesses the value of the item and offers a loan amount based on its worth.
When an item is pawned, the owner receives a pawn ticket as proof of the transaction. The pawn ticket specifies the terms of the loan, including the amount borrowed, interest rate, and redemption period. It is important for the owner to keep the ticket safe since it is required to retrieve the pawned item.
In common usage, "pawned" refers to the action or state of an item being used as collateral for a loan. It suggests that the owner is in need of immediate cash and has chosen to pawn an item of value temporarily instead of selling it permanently. Pawned items are typically redeemed by repaying the loan, alongside any accrued interest, within the agreed-upon period. Failure to repay the loan would result in the item being forfeited and subsequently sold by the pawnbroker to recover the borrowed amount.
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Pledged; given in security.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Common Misspellings for PAWNED
Etymology of PAWNED
The word "pawned" is derived from the noun "pawn", which has its origins in Old French "pan", ultimately from Latin "pignus", meaning "pledge" or "security". In the context of pawning, it refers to the act of leaving an item as security for a loan. The verb form "pawned" consequently emerged to denote the action of transferring an item to a pawnbroker in exchange for a loan.
Conjugate verb Pawned
CONDITIONAL
I
would pawn
we
would pawn
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would pawn
he/she/it
would pawn
they
would pawn
FUTURE
I
will pawn
we
will pawn
you
will pawn
he/she/it
will pawn
they
will pawn
FUTURE PERFECT
I
will have pawned
we
will have pawned
you
will have pawned
he/she/it
will have pawned
they
will have pawned
PAST
I
pawned
we
pawned
you
pawned
he/she/it
pawned
they
pawned
PAST PERFECT
I
had pawned
we
had pawned
you
had pawned
he/she/it
had pawned
they
had pawned
PRESENT
I
pawn
we
pawn
you
pawn
he/she/it
pawns
they
pawn
PRESENT PERFECT
I
have pawned
we
have pawned
you
have pawned
he/she/it
has pawned
they
have pawned
I
am pawning
we
are pawning
you
are pawning
he/she/it
is pawning
they
are pawning
I
was pawning
we
were pawning
you
were pawning
he/she/it
was pawning
they
were pawning
I
will be pawning
we
will be pawning
you
will be pawning
he/she/it
will be pawning
they
will be pawning
I
have been pawning
we
have been pawning
you
have been pawning
he/she/it
has been pawning
they
have been pawning
I
had been pawning
we
had been pawning
you
had been pawning
he/she/it
had been pawning
they
had been pawning
I
will have been pawning
we
will have been pawning
you
will have been pawning
he/she/it
will have been pawning
they
will have been pawning
I
would have pawned
we
would have pawned
you
would have pawned
he/she/it
would have pawned
they
would have pawned
I
would be pawning
we
would be pawning
you
would be pawning
he/she/it
would be pawning
they
would be pawning
I
would have been pawning
we
would have been pawning
you
would have been pawning
he/she/it
would have been pawning
they
would have been pawning
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