What was the role of pawnbrokers in the High Middle Ages?

History

2 answers:

Eduardwww [97]3 years ago

8 0

Answer

Basically the pawnbrokers offered secured loans to individuals against personal property.

Explanation

Pawnbrokers are people being an individual or a business or an organisation who offers money as loans to people which is secured with an item or personal property is used as a collateral. whenever you pawn a property or an item it means that you are you are using it as a collatel. And the pawnbroker will agree to give you cash and hold your item until the time you will pay back as per the agreement.

avanturin [10]3 years ago

4 0

The role of pawnbrokers in the High Middle ages was making loans in exchange for property. The correct option among all the options that are given in the question is the second option or option "B". Basically the pawnbrokers offered secured loans to individuals against personal property.

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