Mont de piete

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Mont´ de pi`e`te´

One of certain public pawnbroking establishments which originated in Italy in the 15th century, the object of which was to lend money at a low rate of interest to poor people in need; - called also mount of piety. The institution has been adopted in other countries, as in Spain and France. See Lombard-house.

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.

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