In this chapter:
(1) "Applicable liabilities" include trade or other accounts payable; accrued sales, income, or other taxes; accrued expenses; and notes or other payables that are unsecured or secured in whole or part by current assets. The term does not include a liability secured by assets other than current assets.
(2) "Commissioner" means the consumer credit commissioner.
(3) "Current assets" include an investment made in cash, bank deposits, merchandise inventory, and loans due from customers, excluding the pawn service charge. The term does not include an investment made in:
(A) fixed assets of real estate, furniture, fixtures, or equipment;
(B) stocks, bonds, or other securities; or
(C) prepaid expenses or other general intangibles.
(4) "Goods" means tangible personal property.
(5) "Net assets" means the book value of current assets less applicable liabilities.
(6) "Pawnbroker" means a person engaged in the business of:
(A) lending money on the security of pledged goods; or
(B) purchasing goods on condition that the goods may be redeemed or repurchased by the seller for a fixed price within a fixed period.
(7) "Pawnshop" means a location at which or premises in which a pawnbroker regularly conducts business.
(8) "Pawn transaction" means the pledging, by a person present in this state at the time of the transaction, with a pawnbroker of a single item of goods as security for a loan of money.
(9) "Pledged goods" means goods deposited with or otherwise delivered into the possession of a pawnbroker in connection with a pawn transaction.