Impawn

To pledge or pawn something as security for a debt or obligation. This term is commonly used in the context of financial transactions where an item, usually of value, is temporarily transferred to a lender or a pawn shop in exchange for a loan or cash. The item may be reclaimed if the borrower repays the loan within a specified period, often along with any agreed-upon interest.

Impawn meaning with examples

• In her financial distress, Maria decided to impawn her vintage jewelry collection, hoping to get enough cash to tide her over until her next paycheck came in. She knew that if she couldn't repay the loan, she would lose her cherished pieces, but desperation drove her to make the hard choice for immediate relief.
• After his car broke down unexpectedly, James had no choice but to impawn his high-end watch to manage the costly repairs. While he valued the watch not just for its monetary worth but as a family heirloom, the urgency of the situation left him with little option but to secure funds in this manner.
• When they found themselves needing extra cash for emergency medical expenses, the couple reluctantly decided to impawn some of their electronics. They understood that there were risks attached to such decisions, but the urgent nature of their situation made it seem like the only feasible way to access the money they needed.
• Desperate times often lead people to impawn belongings that they once treasured, like Carolyn did with her grandmother's antique vase. Although her intent was to retrieve it later, the anxiety of uncertainty lingered, reminding her of the emotional connection that could be forever altered by time and circumstance.