👉 In the context of finance, a "hockshop" is a type of short-term loan that allows borrowers to borrow money in a relatively short amount of time (typically less than one year) at an interest rate that is typically higher than the average market rate. This can be especially advantageous for individuals who need immediate funding but do not want to take out a mortgage or other long-term loans, as they can use their current income to pay off the loan in full before it expires.