Pawnor definition

Pawnor





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2 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Pawner \Pawn"er\, Pawnor \Pawn*or"\, n. (Law)
     One who pawns or pledges anything as security for the payment
     of borrowed money or of a debt.
     [1913 Webster]

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:



  PAWNOR. One who, being liable to an engagement, gives to the person to whom 
  he is liable, a thing to be held as a security for the payment of his debt 
  or the fulfillment of his liability. 
       2. The rights of the pawnor are to redeem the pledge, at any time 
  before it is sold. 
       3. His obligations are to warrant the title of the pledge, and to 
  redeem it at the time agreed upon. See 1 Bouv. Inst. n. 1045. 
  
  

















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