Term repo
(redirected from Term Repurchase Agreement)Term repo
A repurchase agreement with a term of more than one day.
Term Repo
A practice in which a bank or other financial institution buys securities with the proviso that the seller repurchases the same securities for an agreed-upon price on a certain day more than one day after the establishment of the agreement. Investors and financial institutions do this in order to raise short-term capital. A term repo differs from other types of repo because the term is more than one day.