Home > Term: pawnbroker
pawnbroker
A professional who estimates pawn or pledge value of articles, such as jewelry, cameras, and musical instruments, and lends money to customer. Responsibilities include:
- Examines article to determine condition and worth.
- Weighs gold or silver articles on coin scales or employs acid tests to determine carat content and purity to verify value of articles.
- Inspects diamonds and other gems for flaws and color, using loupe (magnifying glass).
- Assigns pledge value to article based on knowledge of values or listing of wholesale prices.
- Rejects articles in unsatisfactory condition or having no pledge value.
- Issues pledge tickets and keeps record of loans.
- Computes interest when pledges are redeemed or extended.
- Sells unredeemed pledged items.
- May examine customer's identification and record thumbprints for police reports.
- May testify in court proceedings involving stolen merchandise.
- Sõnaliik: noun
- Valdkond/domeen: Professional careers
- Category: Occupational titles
- Company: U.S. DOL
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Looja
- Jason F
- 100% positive feedback
(United States of America)