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Simple English definitions for legal terms

pawn

Read a random definition: dictum propria

A quick definition of pawn:

Term: Pawn

Definition: When you need money but don't want to sell your things, you can give them to a pawnbroker as a guarantee that you will pay back the money you borrowed. This is called pawning. Usually, people pawn jewelry or other valuable things. If you don't pay back the money, the pawnbroker can keep your things.

A more thorough explanation:

Definition: When you give something valuable to someone as security for a loan, it is called pawning. Usually, people pawn their jewelry or other valuable items to pawnbrokers to get a small loan.

Examples:

She pawned her diamond ring to get some money for her rent.
He had to pawn his watch to pay for his medical bills.

These examples illustrate how people use their valuable items as collateral to get a loan. They deposit their personal property with the pawnbroker, who holds it until the loan is repaid. If the loan is not repaid, the pawnbroker can sell the item to recover the money.

Patriot Act | pawnbroker

General

General chat about the legal profession.

General >T14 Off Topic

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lilypadfrog

13:01

thank you kind stranger for the gold

Trismegistus

13:01

do all my hopes and dreams and sanity rest on chicago now

texaslawhopefully

13:01

@sadpadresfan: prolly. My only hope is my last name is towards the end of the alphabet

lilypadfrog

13:01

i hope u guys would put me down like a dog that bit a baby

Trismegistus

13:02

@texaslawhopefully: i saw 3/4 down alphabet then 30- mins later 1/2 down alphabet

texaslawhopefully

13:02

so they're still calling?

Trismegistus

13:03

that i dont know

KeenHeartbreakingRattlesnake

13:03

the Penn e wave is about to cook me

atwatodbit

13:03

@sadpadresfan: did you get your Cornell scholly with your A at the same time? I think they gave me nothing...

lilypadfrog

13:04

tex also got cornell scholly ask him

texaslawhopefully

13:04

there's a form you fill out

texaslawhopefully

13:04

and they'll get back to you within a few days

texaslawhopefully

13:04

https://support.law.cornell.edu/FinancialAid/ScholarshipForm/

sadpadresfan

13:04

@atwatodbit: they emailed me a day after submitting the form

atwatodbit

13:05

ah ok, i've seen that, just need to get parental info then. just making sure

sadpadresfan

13:05

Feeling fortunate and its my top choice as of now haha

lilypadfrog

13:06

what if you fill this out and you haven’t been admitted? just a next level move? they probably have to let you in then

PerpetualCheerfulBeaver

13:06

I applied to all my places in late september and am still waiting to hear back. ive missed all three types of waves (WL,R,A) am i screwed??

texaslawhopefully

13:07

Your guess is as good as mine. I'm in the same boat for most schools

Trismegistus

13:07

begging chicago for an A

atwatodbit

13:08

the vast majority of the t14 has not hit 50% of their As, many have not even hit 25%. zero reason for panic

PerpetualCheerfulBeaver

13:08

Thank you texas!

choosingpeace

13:08

missing CLS and Penn waves im so screwed

choosingpeace

13:08

i applied early too i hate everything im crashing out im crashing OUT

PerpetualCheerfulBeaver

13:08

I literally have no experience in this type of stuff, but if i get waitlisted, should i send an email about continued interest?

lilypadfrog

13:09

im so nonchalant

lilypadfrog

13:09

i will probably hear something back eventually

texaslawhopefully

13:10

I wish I could be like you lily

Trismegistus

13:10

im actively losingh my mind man

choosingpeace

13:10

@texaslawhopefully: lmaoo same Im crashing out so bad like it's never been this bad

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