Translation of repo in Spanish:
noun/nombre (plural -pos)[colloquial/familiar]
- 1 [Business/Comercio] pacto (masculine) de recompraExample 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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An estanco is an establishment selling tobacco, stamps, bus and subway passes and other products whose sale is restricted. Cigarettes etc are sold in bars and cafés but at higher prices. Estancos also sell stationery and sometimes newspapers.