Trust us as the best pawn shop for you with confidential buying. Citi Pawn Shop is a name you can trust. We pay immediate cash. Get an evaluation of your items with free appraisal. In common usage, pawn signifies a pledge of goods, as distinguished from a pledge of intangible personal property, such as a contract right. In a more limited sense, it denotes a deposit of personal property with a pawnbroker as security for a loan. A pawned article is retained until the loan is repaid within a certain time. If it is not repaid on time, the pawnbroker may sell the item.