(a) "Pawnbroker" means any person engaged in the business of lending money on deposit or pledges of personal property, other than securities, printed evidence of indebtedness, titles, deeds, or bills of sale, at a total charge, rate of interest, or discount or other remuneration in excess of eight percent per annum, and includes any person engaged in the business of purchasing personal property from another person with an agreement that the personal property will be made available to that other person for repurchase within an agreed-to time period and for an amount greater than the price originally paid to that other person for the purchase of the personal property.
(b) “Transaction” as used in this chapter means the acceptance of merchandise as security for a loan, for resale, or on consignment.