| 单词 | repurchase agreement |
| 释义 | repurchase agreement in British Englishnoun an agreement in which a security or asset is sold and later repurchased at an agreed price to raise ready money Sometimes shortened to: reporepurchase agreement in American English (riˈpɜrtʃəs) an agreement to sell certain securities and then purchase them again on a specified date, usually within a few day, thereby serving the function of a secured loan that meets the short-term financing needs of both buyer and seller |
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