Meaning of repurchase agreement
Repurchase Agreement
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Enterprise risk management
Glossary of enterprise risk management terms
Meaning and definition of repurchase agreement :
Repurchase agreement: Repurchase agreement (also called a repo) is an agreement between two parties whereby one party sells the other a security at a specified price with a commitment to repurchase the security at a later date at another specified price. Most repos are overnight transactions, with the sale taking place one day and being reversed the next day. Longer repos, also called term repos, however, can extend for a month or more.
For the term repurchase agreement may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.
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Glossary of enterprise risk management terms
Repurchase Agreement
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