# Pawnbroker

- Canonical URL: https://www.gerhardmerk.de/pawnbroker
- Post ID: 591727
- Modified: 2023-07-25T21:14:07+00:00
- Language: en

## Definition

An individual or business that offers secured loans to people, with items of personal property used as collateral. Although they are not considered credit institutions in Germany under Section 2 (1) of the German Banking Act (KWG), they have come under the scrutiny of the authorities in the course of money laundering. Their operation is subject to licensing in Germany. - See collateral value, Faustpfand, Monte, Vorschusskasse, Zahlhaus. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1