Skip over navigation

NEN Gallery

NEN Gallery
Home / Business & Industry / Money - Lending and Saving / Pawn Brokers - off Argyle Street, Glasgow
Asset 1 of 1 Previous Asset [ 1 ] Next Asset   [Slideshow]

Pawn Brokers - off Argyle Street, Glasgow


640 x 474
2741 x 2029

Unique Id:


This item is saved in one of your albums. Click to remove it.. My Albums

Pawn brokers lend money on marketable assets such as gold, jewellery and household goods. Borrowers in need of money can pawn' an article as security or a pledge and receive a loan, usually 40-50% lower than the value of the item. A pawn ticket' is issued to the borrower. To retrieve the article the loan must be repaid plus interest at an agreed rate, within a specified time period. If the payment is made the article is returned to the borrower, if not, it becomes the property of the Pawn Broker. Pawn broking has been around since ancient times. Although the loan on the article is below its market value and the article is lost if the loan is not repaid, unlike other forms of loan or money lending, no further debt exists.
Picture taken Glasgow April 2006.

6th Apr 2006 by Diane Earl

Citizenship, Geography, History

Key Stages:
Foundation, Key Stage 1, Key Stage 2, Key Stage 3, Key Stage 4, Key Stage 4+

EXIF data:

National Education Network
Developed by E2BN for the National Education Network
E2B® and E2BN® are registered trade marks and trading names of East of England Broadband Network (Company Registration No. 04649057)