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From The Collaborative International Dictionary of English v.0.48:
Pignerate \Pig"ner*ate\, v. t. [L. pigneratus, p. p. of pignerate to pledge.] 1. To pledge or pawn. [Obs.] [1913 Webster] 2. to receive in pawn, as a pawnbroker does. [Obs.] [1913 Webster]