§ 10-102. Definitions.

The following words, terms and phrases, when used in this article, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:

Pawn means either of the following transactions:

(1)

Loan of money. A written or oral bailment of personal property as security for an engagement or debt, redeemable on certain terms and with the implied power of sale on default.

(2)

Buy-sell agreement. An agreement whereby a purchaser agrees to hold property for a specified period of time to allow the seller the exclusive right to repurchase the property. A buy-sell agreement is not a loan of money.

Pawnbroker means any person, corporation, or other business organization or entity which is regularly engaged in the business of making pawns but does not include a financial institution as defined in section 655.005, Florida Statutes, or any person who regularly loans money or any other thing of value on stocks, bonds, or other securities.

Precious metals means any item containing any gold, silver, or platinum, or any combination thereof, excluding:

(1)

Any chemical or any automotive, photographic, electrical, medical, or dental materials or electronic parts.

(2)

Any coin with an intrinsic value less than its numismatic value.

(3)

Any gold bullion coin.

(4)

Any gold, silver, or platinum bullion that has been assayed and is properly marked as to its weight and fineness.

(5)

Any coin which is mounted in a jewelry setting.

Precious metal dealer means any person, firm or corporation who normally or regularly engages in the business of buying used precious metal for resale, excluding:

(1)

Any person, firm or corporation, the principal business of which is the retail sale of new goods and which accepts for trade-in previously owned precious metal in a transaction involving the sale of new goods, provided the traded-in precious metal was originally purchased from that person, firm or corporation.

Secondhand dealer means any person, firm or corporation engaged in the business of purchasing used goods of any kind that would be identifiable by serial number or other marking, excluding used automobiles and automobile parts dealers.

Trafficking means:

(1)

To sell, transfer, distribute, dispense or otherwise dispose of property; or

(2)

To buy, receive, possess, obtain control of or use property with the intent to sell, transfer, distribute, dispense or otherwise dispose of such property.

(Ord. No. 91-10, Art. I (§ 2), 3-19-91)