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  1. Dictionary
    repo
    /ˈriːpəʊ/

    noun

    • 1. another term for repurchase agreement
    • 2. a car or other item which has been repossessed: "I've got a repo for you—'85 Maxima"

    verb

    • 1. repossess (a car or other item) when a buyer defaults on payments: "she's from the collection agency, come to repo the car"

    More definitions, origin and scrabble points

  2. Jun 14, 2024 · A repurchase agreement (repo) is a form of short-term borrowing for dealers in government securities. For a repo, a dealer sells government securities to an investor, usually overnight, and...

  3. Definition: Repo rate is the rate at which the central bank of a country (Reserve Bank of India in case of India) lends money to commercial banks in the event of any shortfall of funds. Repo rate is used by monetary authorities to control inflation.

  4. Capturing or taking possession of things. repo. verb [ T ] mainly US informal uk / ˈriː.pəʊ / us / ˈriː.poʊ / present participle repo'ing | past tense repo'd | past participle repo'd. repossess : I'd like to hear from anyone who has personal experience of a vehicle being repo'd. SMART Vocabulary: related words and phrases.

  5. The meaning of REPO is of, relating to, or being in the business of repossessing property (such as a car) from buyers who have defaulted on payments. How to use repo in a sentence.

  6. In a repo, one party sells an asset (usually fixed-income securities) to another party at one price and commits to repurchase the same or another part of the same asset from the second party at a different price at a future date or (in the case of an open repo) on demand.**

  7. A repurchase agreement (repo) refers to short-term borrowing for dealers in government securities. In the event of a repo, a dealer sells government securities to investors, normally on an overnight basis, and then buys it back the next day at a slightly higher price. That slight difference in price is the absolute overnight interest rate.

  8. Jun 13, 2024 · A repo is an agreement between parties where a buyer agrees to temporarily purchase a basket or group of securities for a specified period. The buyer agrees to sell those same assets...

  9. Capturing or taking possession of things. repo. verb [ T ] mainly US informal us / ˈriː.poʊ / uk / ˈriː.pəʊ / present participle repo'ing | past tense repo'd | past participle repo'd. repossess : I'd like to hear from anyone who has personal experience of a vehicle being repo'd. SMART Vocabulary: related words and phrases.

  10. Repo definition: a repurchase agreement. . See examples of REPO used in a sentence.

  11. Jan 28, 2020 · A repurchase agreement (repo) is a short-term secured loan: one party sells securities to another and agrees to repurchase those securities later at a higher price. The securities...