A pawnshop offering is a LOAN that can be obtained from a pawnbroker. It is a short-term LOAN that is secured by an item of personal property, such as jewelry or electronics, which the borrower pledges to the pawnbroker. The LOAN is usually for a small amount of money and is typically repaid within a few months. If the LOAN is not repaid, the pawnbroker has the right to keep the item and sell it to recoup the LOAN amount.