A pawn shop offering is a LOAN that can be obtained from a pawn shop. It is a short-term LOAN that is secured by an item of value, such as jewelry or electronics, that the borrower pledges as collateral. The LOAN amount is typically a fraction of the item's value and the borrower must pay back the LOAN plus interest within a certain period of time. If the LOAN is not repaid, the pawn shop has the right to keep the item.