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repo
(redirected from Overnight repo)

   Also found in: Financial, Wikipedia 0.03 sec.
re·po 1  (rp)
n. pl. re·pos Informal
A repurchase agreement.

[Shortening and alteration of repurchase agreement.]

re·po 2  (rp)
n. pl. re·pos Informal
1. Repossession of merchandise or property from a buyer who has defaulted on payment.
2. Repossessed merchandise or property.

repo [ˈriːpəʊ]
n Informal short for
1. (Law) repurchase agreement
2. (Law)
a.  repossession of property
b.  (as modifier) a repo car


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Meanwhile the SNB will offer as much as USD 9B in a one-week repo today, and temporarily reduce the maximum amount it allots in the overnight repos to USD 7B from USD 10B.
The UAE central bank trimmed the overnight repo rate by 15 basis points to 4.
25 announced another 25 basis points increase in the overnight repo rate to 7.
 
 
 
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