A contract in which the vendor of a security agrees to repurchase it from the buyer at an agreed price.
More example sentences
- The main refinancing operations are regular liquidity providing reserve transactions or repurchase agreements which have a weekly frequency and a maturity of two weeks.
- Corporate treasurers often pickup a few extra basis points of interest in return for lending cash for so-called repurchase agreements (repos, for short).
- Wall Street, that finances their massive balance sheets with repurchase agreements and other short-term vehicles, assumes they will always have access to borrowings to maintain their bloated balance sheets.
Definition of repurchase agreement in:
- The British & World English dictionary