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].
[1913 Webster]
And pawned the last remaining piece of plate.
--Dryden.
[1913 Webster]
2. To pledge for the fulfillment of a promise; to stake; to
risk; to wager; to hazard.
[1913 Webster]
Pawning his honor to obtain his lust. --Shak.
[1913 Webster]