👉 Pawnbroking is a legal profession that deals with the sale, purchase, or exchange of pieces of property known as "pawns" (which are not considered to be part of the original asset). Pawnbrokers typically act as intermediaries between buyers and sellers in these transactions. The purpose of pawnbroking is to facilitate the transfer of money from one party to another without having to physically present a piece of property, thus avoiding the need for court proceedings or the risk of losing the property