pawnage

/ˈpɔnɪdʒ/
noun
  1. The act of pawning something, or the state of being pawned.
    • The shop's records showed the pawnage of several musical instruments that month.
    • The pawnage of his watch gave him enough cash for the bus ticket.
    • She regretted the pawnage of her grandmother's ring when she couldn't afford to reclaim it.
  2. The fee charged by a pawnbroker for a loan secured by an item.
    • The pawnage on the loan was ten percent of the item's value.
    • He paid the pawnage and retrieved his camera from the shop.
    • The high pawnage made borrowing from the pawnbroker expensive.
What does "pawnage" mean? | whatsthatwordmean | whatsthatwordmean