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单词 repo
释义 I. repo, n.1 colloq. (orig. and chiefly U.S.).|ˈriːpəʊ|
[Shortening; see -o2.]
= repurchase agreement s.v. *repurchase n. b.
1962R. Blahut A to Z of Finance s.v., When the charges on dealers' loans secured by Government securities is substantially more than their market yields, then the dealers resort to ‘buy-back’ or ‘Repo’ (Repurchase option) deals.1963[see repurchase agreement s.v. repurchase n. b].1972Banking Law Jrnl. LXXXIX. 1109/2 One popular method used by banks to pass the benefits of the interest exclusion among themselves or to acquire them from dealers was a ‘repurchase agreement’ or ‘repo’.1984Times 20 Mar. 20/7 With {pstlg}2.2 billion of bills already tied up in ‘repos’ with the Bank of England, there were clearly going to be problems in finding sufficient fresh paper.1989Reuters Gloss.: Internat. Econ. & Financial Terms 79 In West Germany, repos usually run for about one month and are the central bank's main instrument for steering the money market.
II. repo, n.2 U.S. slang.|ˈriːpəʊ|
[Shortened f. repossession n., repossessed ppl. a., etc.: see -o2.]
1. repo man = *repossessor n.
1970Wall St. Jrnl. 21 July 1/1 Mr. Civerolo and his helper are auto repossessors, or ‘repo men’.1985Business First 2 Dec. i. 1 (heading) The repo man reclaims what isn't possessed.1986Semper Floreat (Brisbane) 7 Oct. 22/1 Repo Men are to capitalism what hit-men are to organised crime—the hired help.1988Runner's World July 51/3 Mark's been living hand-to-mouth. For the last year, he's been one step ahead of the Repo Man.
2. Something (esp. a motor car) which has been repossessed.
1972J. Gores Dead Skip i. 8 I've got a repo for you... Seventy-two Mercury Montego hardtop.1989Austin (Texas) Amer.-Statesman 29 Apr. c28/2 (Advt.), '85 Maxima..Bank repo..Good condition.
Hence ˈrepo v. trans., to repossess when a purchaser defaults on payments.
1972J. Gores Dead Skip i. 8 Mercury Montego hardtop... Repo'd at Seventh Avenue and Cabrillo.1987S. Paretsky Bitter Medicine vii. 70 She's from the collection agency, come to repo the car.
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