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a contract between a dealer, as a bank, and an investor, whereby the investor purchases securities with the promise that they will be bought back by the dealer on a designated date, for which the investor receives a fixed return.
a contract between a buyer and a seller whereby the seller agrees to repurchase the item sold after a specified length of time or amount of use.
Abbreviation: RP.
repurchase agreement
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


Read Also:

  • Repurchaser

    verb (used with object), repurchased, repurchasing. 1. to buy again; regain by purchase. noun 2. the act of repurchasing. adjective 3. of or relating to repurchase: a repurchase contract. verb (transitive) 1. to buy back or buy again goods, securities, assets, etc noun 2. an act or instance of repurchasing

  • Repurpose

    noun 1. the reason for which something exists or is done, made, used, etc. 2. an intended or desired result; end; aim; goal. 3. determination; resoluteness. 4. the subject in hand; the point at issue. 5. practical result, effect, or advantage: to act to good purpose. verb (used with object), purposed, purposing. 6. to set […]

  • Repursue

    verb (used with object), pursued, pursuing. 1. to follow in order to overtake, capture, kill, etc.; chase. 2. to follow close upon; go with; attend: Bad luck pursued him. 3. to strive to gain; seek to attain or accomplish (an end, object, purpose, etc.). 4. to proceed in accordance with (a method, plan, etc.). 5. […]

  • Reputability

    adjective 1. held in good repute; honorable; respectable; estimable: a reputable organization. 2. considered to be good or acceptable usage; standard: reputable speech. adjective 1. having a good reputation; honoured, trustworthy, or respectable 2. (of words) acceptable as good usage; standard

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