hock

Noun

uncountable

Pawn, obligation as collateral for a loan. / Debt. / Installment purchase. / Prison.

Japanese Meaning

質入れや担保として差し出された物、もしくはその義務 / 借金、負債 / 分割払いによる購入 / 刑務所

He left his grandfather's watch as a hock to secure the loan.

彼はローンの担保として祖父の時計を質に入れた。

Sense（1）

Pawn, obligation as collateral for a loan.

He needed $750 to get his guitar out of hock at the pawnshop.

Sense（2）

Debt.

They were in hock to the bank for $35 million.

Sense（3）

Installment purchase.

Later, Uncle Doc bought a couch on hock, then a bed.

Sense（4）

Prison.