"Pawnable" Pronounce,Meaning And Examples

"Pawnable" Meaning

Pawnable refers to something that can be pawned, which means to exchange it for a loan, typically at a pawnshop, by using it as collateral. In this sense, pawnable means capable of being pawned or hypothecated. For example, a pawnable item could be a piece of jewelry, a watch, or even a valuable collectible.

"Pawnable" Examples

Examples of "Pawnable"

Use the word "pawnable" in a sentence:

Example 1

The company liquidated its assets, including the company-owned building, to alleviate debts, making it easily pawnable to potential buyers.

In this instance, the building is easily sold to someone else because it is no longer needed by the company.

Use the word "pawnable" in a sentence:

Example 2

The insurance company deemed the damaged car pawnable, as the cost of repairs exceeded its value, and therefore sold it to salvage items.

Here, the insurance company decides to sell the car because it is not worth fixing due to its low value, making it a good candidate for being pawnable.

Use the word "pawnable" in a sentence:

Example 3

The struggling artist sold their old guitar to a pawn shop, making it pawnable to anyone who needed a decent instrument.

In this scenario, the artist sells their guitar to a pawn shop, which is then free to sell it to someone else, making the instrument pawnable.

Use the word "Pawnable" in a sentence:

Example 4

The estate sale included various items, including the antique vase, which, due to its condition, was considered pawnable.

Here, the estate sale included items that were no longer valuable or had reached the end of their service life, making the antique vase, in this case, pawnable.

Use the word "Pawnable" in a sentence:

Example 5

The company repossessed the used car, deeming it pawnable, since the borrower had failed to make timely payments on the loan.

In this instance, the car is deemed pawnable because the borrower has failed to make payments on the loan, and the company takes it back as their own.