repo

(redirected from repo'd)
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Related to repo'd: repo rate, Reverse Repo

Repo

An agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price. See: Repurchase agreement.

Repo

A practice in which a bank or other financial institution buys securities with the proviso that the seller must repurchase the same securities for an agreed-upon price on a certain day. Investors and financial institutions do this in order to raise short-term capital. A repo is also called a repurchase agreement or an overnight repo.

repo

repo

Slang for repossess.

References in periodicals archive ?
The trick is that, under the new rules, the repo'd assets never leave the borrowing bank's balance sheet--that is, the arrangement does not qualify as a true sale; hence, the "failed sale" label.
(80) The parties relied on an implicit understanding that the repo'd municipal bonds would be repurchased on either party's request for the initial sale price.
The former consists largely of government securities, which although not listed in an active market, can be repo'd with the CBJ in case of need.