The so-called pawn means that the pawnbroker pledges or mortgages his movables and property rights to a pawnbroker as collateral, pays a certain proportion of fees, obtains the pawn money, and pays the interest on the pawn money and repays the money within the agreed period. The act of pledging gold and redeeming things in pledge. In layman's terms, pawn is a method of paid and fixed-term loan financing using property as pledge. This is a financing method that exchanges things for money. As long as the customer repays the principal within the agreed time and pays a certain comprehensive service fee (including storage fees, insurance premiums, interest, etc.) for the pawned things, the pawned things can be redeemed.

Not everything can be pawned. In principle, valuable items or property rights can be pawned as long as their sources are legal, their property rights are clear, and they can be cleared according to law. However, the specific business carried out by different pawn shops is different. For example, Sichuan's HSBC pawn, local real estate, stocks, corporate bonds, certificates of deposit, vehicles, gold and silver ornaments, jewelry diamonds, electronic products, watches, bulk materials, bank advances, corporate loan financing, short-term lending of large amounts of funds, automobiles Short-term loans such as mortgages, land, pre-sale houses, and equity are also available.

Different from the old pawn shops that people usually imagine, modern pawn shops generally do not accept old clothes. Generally speaking, living animals are not pawned.