| 单词 | repurchase agreement |
| 释义 | repurchase agreement 1. 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. 2. 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. Abbr.: RP Also called repo. [1920-25] |
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