repurchase agreement
noun
re·pur·chase agreement (ˌ)rē-ˈpər-chəs- 
: a contract giving the seller of securities (such as treasury bills) the right to repurchase after a stated period and the buyer the right to retain interest earnings
Example Sentences
Recent Examples on the Web Last Friday, bank-to-bank dealing in the overnight repurchase agreement market hit a record of more than $900 billion. 
William Pesek, Forbes, 3 Aug. 2022 The overnight reverse repurchase agreement, or reverse repo, facility has allowed the Fed to sop up excess liquidity from the economy by giving banks or big money managers a way to park cash and earn a return. Telis Demos, WSJ, 2 June 2022 But the Fed has been raising other interest rates as well, including one with a dismal name: the reverse repurchase agreement, a.k.a. the reverse repo rate. New York Times, 12 June 2022 The Fed made a separate technical move to expand the limit per counterparty on what is known as an overnight reverse repurchase agreement. Telis Demos, WSJ, 20 Mar. 2021 In a reverse repurchase agreement, the buyer of a security agrees to sell it back at a later date. Paul Kiernan, WSJ, 20 Oct. 2020 On Wednesday, the bank also announced an extension of its temporary US dollar liquidity swap lines and the repurchase agreement facility for foreign central banks and international monetary authorities until March next year. Anneken Tappe, CNN, 29 July 2020 The People’s Bank of China injected a further $71.2 billion of liquidity through reverse repurchase agreements into the financial system Tuesday, adding to the $171 billion injected Monday. Stephanie Yang, WSJ, 5 Feb. 2020 Glitches in the market for repurchase agreements in recent months have drawn attention to swings in the amount of cash reserves that the Treasury holds at the Federal Reserve. Saleha Mohsin, Bloomberg.com, 13 May 2020 See More
William Pesek, Forbes, 3 Aug. 2022 The overnight reverse repurchase agreement, or reverse repo, facility has allowed the Fed to sop up excess liquidity from the economy by giving banks or big money managers a way to park cash and earn a return. Telis Demos, WSJ, 2 June 2022 But the Fed has been raising other interest rates as well, including one with a dismal name: the reverse repurchase agreement, a.k.a. the reverse repo rate. New York Times, 12 June 2022 The Fed made a separate technical move to expand the limit per counterparty on what is known as an overnight reverse repurchase agreement. Telis Demos, WSJ, 20 Mar. 2021 In a reverse repurchase agreement, the buyer of a security agrees to sell it back at a later date. Paul Kiernan, WSJ, 20 Oct. 2020 On Wednesday, the bank also announced an extension of its temporary US dollar liquidity swap lines and the repurchase agreement facility for foreign central banks and international monetary authorities until March next year. Anneken Tappe, CNN, 29 July 2020 The People’s Bank of China injected a further $71.2 billion of liquidity through reverse repurchase agreements into the financial system Tuesday, adding to the $171 billion injected Monday. Stephanie Yang, WSJ, 5 Feb. 2020 Glitches in the market for repurchase agreements in recent months have drawn attention to swings in the amount of cash reserves that the Treasury holds at the Federal Reserve. Saleha Mohsin, Bloomberg.com, 13 May 2020 See More Word History
First Known Use
1891, in the meaning defined above
Legal Definition
repurchase agreement
noun
: a contract giving the seller of securities (as Treasury bills) the right to repurchase after a stated period and the buyer the right to retain interest earnings