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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Today is Fiesta de Santiago (St James' Day). The famous Camino de Santiago, the pilgrimage of thousands of people from all over Spain and many other parts of Europe to the holy city of Santiago de Compostela, takes place in the week leading up to St James' Day, 25 July. The city also has its fiestas around this time. The streets are full of musicians and performers for two weeks of celebrations culminating in the Festival del Apóstol.