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I think this may be an English word and not in world use.
Originally it meant taking an item to the pawn shop and convincing the pawnbroker to lend you more money against it than it was worth. You then , of course, never redeemed it. Modern usage seems to be for a range of illegal acts including confidence tricks and swindles.
I think it would make a great site for listing frauds.
Any idea of its value undeveloped?
I think this may be an English word and not in world use.
Originally it meant taking an item to the pawn shop and convincing the pawnbroker to lend you more money against it than it was worth. You then , of course, never redeemed it. Modern usage seems to be for a range of illegal acts including confidence tricks and swindles.
I think it would make a great site for listing frauds.
Any idea of its value undeveloped?