| 释义 |
repurchase agreement
repurchase agreementn. A contract giving the seller of an asset the right or obligation to buy back the asset at a specified price on a given date.repurchase agreement n (Banking & Finance) an agreement in which a security or asset is sold and later repurchased at an agreed price to raise ready money. Sometimes shortened to: repo repur′chase agree`ment
n. a deal to purchase securities between an investor and a bank, stipulating that the investor will sell back the bonds on a specified date, keeping the interest. [1920–25]
MedicalSeeRPrepurchase agreement
Repurchase agreementAn agreement with a commitment by the seller (dealer) to buy a security back from the purchaser (customer) at a specified price at a designated future date. Also called a repo, it represents a collateralized short-term loan for which, where the collateral may be a Treasury security, money market instrument, federal agency security, or mortgage-backed security. From the purchaser's (customer's) perspective, the deal is reported as a reverse repo.RepoA 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.repurchase agreement (RP) The sale of an asset at the same time an agreement is made to repurchase the asset at a specified price on a given date. Essentially, this process involves taking out a loan and using the asset as collateral. Also called repo. Compare reverse repurchase agreement. See also overnight repo.repurchase agreementAn agreement to buy something back from the purchaser.This is encountered most often in two situations:(1) The thing purchased turns out to be less valuable than originally thought, such as when someone buys a promissory note, or a partial interest in a promissory note,and the obligor then defaults.(2) Especially with condominium units in facilities specializing in elder care, the seller of the units will agree to buy them back at a preestablished price if the owner dies or becomes so disabled as to require nursing home or similar care. See REPO
See REPO |