repo

Definition : Repurchase Option
Category : Business » Finance
Country/Region : Worldwide Worldwide
Popularity :

What does repo mean?

Repurchase Option (repo) or Repurchase Agreement, is a type of short-term borrows much used in the money markets, by which one party borrows cash from the other by pledging a financial security as collateral and agrees to buy it back at a specified price and time.

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