Pawning

from The Collaborative International Dictionary of English v.0.48
Pawn \Pawn\, v. t. [imp. & p. p. {Pawned}; p. pr. & vb. n.
   {Pawning}.]
   1. To give or deposit in pledge, or as security for the
      payment of money borrowed; to put in pawn; to pledge; as,
      to pawn one's watch.

   Syn: hock [colloq].
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              And pawned the last remaining piece of plate.
                                                  --Dryden.
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   2. To pledge for the fulfillment of a promise; to stake; to
      risk; to wager; to hazard.
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            Pawning his honor to obtain his lust. --Shak.
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