n (pl -pos)[colloquial/familiar]
- 1 [Busn] pacto (m) de recompraMore example sentences
- It is Wall Street that is behind the enormous expansion of commercial paper, repos, and other money market instruments.
- When the Federal Reserve temporarily supplies these funds to the market by buying securities from dealers with a commitment to resell, the transaction is called a repo, (repurchase agreement).
- A repo is a repurchase agreement which allows an investor to buy and sell the bonds back at convenience while a pledge is the use of government bonds as collateral to borrow money.
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Cultural fact of the day
Today is a public holiday in Peru (Día de la Independencia)