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Special Purchase and Resale Agreement
(redirected from SPRA)

   Also found in: Acronyms 0.01 sec.
Special Purchase and Resale Agreement
A practice in which the Bank of Canada buys securities from a bank with the proviso that the bank repurchases the same securities for an agreed-upon price the following day. The Bank of Canada does this to increase the amount of money in circulation (the purchase price for the securities), which reduces overnight interest rates and increases the availability of credit. See also: Open-market operation.


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Leaders of both associations signed an agreement stating that IABC will conduct a training program to help SPRA members complete the IABC accreditation program.
Hogg had the consolation of lifting the SPRA Pro Team award ahead of Edinburgh team-mates Paterson, Ally Kellock, Blair, Scott Murray and Borders' Chris Cusiter.
SPRA acknowledged public response and agreed to continue the curbside program in some fashion.
 
 
 
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