pawn

noun | \ ˈpȯn \
  1. a : a pledge and transfer of possession of movable or personal property to a creditor which gives the creditor the privilege of satisfying the debt from the property (as by selling it) if the debt is not repaid within a specified time; also : the property pledged shall not take as a pawn any workman's tools — compare antichresis : the property pledged shall not take as a pawn any workman's tools — compare antichresis

    b : the state of being so pledged or burdened by such a pledge goods held in pawn

  1. : the act of pawning

pawn

transitive verb
  1. : to put (personal or movable property) in pawn when it is redeemed by the person who pawned it — compare hypothecate