Repo/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> (repurchase agreement) an agreement made at the same time as the sale of an asset, to repurchase the asset at a specified price on a given date (the e...) |
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Latest revision as of 11:42, 19 June 2009
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Repo [r]: (repurchase agreement) an agreement made at the same time as the sale of an asset, to repurchase the asset at a specified price on a given date (the equivalent of taking out a loan and using the asset as collateral).