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Finance Dictionary and Glossary of Investment Terms
Repo
Definition 1.
n 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.
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Definition 2.
A contract in which the seller of securities, such as Treasury Bills, agrees to buy them back at a specified time and price. also called repurchase agreement or buyback.
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