The meaning of PAWN is one of the chessmen of least value having the power to move only forward ordinarily one square at a time, to capture only diagonally forward, and to be promoted to any piece except a king upon reaching the eighth rank.
To pawn something is to use it as collateral when you're borrowing money. When you pawn a necklace at a pawn shop, you get cash in exchange for it with the understanding that you can buy it back later.
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If a pawn shop loans $50 on a gold necklace, they might charge $5 to keep the necklace in pawn for each month.
PAWN meaning: 1 : one of the eight small pieces that have the least value in the game of chess; 2 : a person or group that does not have much power and that is controlled by a more powerful person or group usually + in
Pawn 1 accepts most items of value in exchange for a short-term cash loan. We place the highest value on your item, give you the cash, and then securely store it until you’re ready to get it back.
Pawn 1. Your Premier Pawn Shop to Buy, Sell and Loan – Need Cash? Sell ...
Verb pawn (third-person singular simple present pawns, present participle pawning, simple past and past participle pawned) (transitive) To pledge; to stake or wager. (transitive) To give as security on a loan of money; especially, to deposit (something) at a pawn shop.