In construing the provisions of this chapter, the following definitions shall apply:
CITY: The city of Hailey, Idaho.
PAWNBROKER: Any person conducting a business which involves or includes loaning or advancing money upon the deposit, pledge or bailment of personal property of any kind as security for such loan or advancement, or engaging in any transaction involving the sale and purchase of personal property wherein said personal property is, pursuant to agreement, to be repurchased by the vendor, pledgor, bailor or depositor upon the payment of an agreed sum.
PERSON: Any individual, firm, partnership, company, corporation, joint venture, association, or other business entity.
YEAR: The calendar year. (Ord. 596 § 1, 1992)