repo

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Also found in: Financial, Acronyms, Idioms.
Related to repos: repo rate

re·po 1

 (rē′pō′)
n. pl. re·pos Informal
A repurchase agreement.

[Shortening and alteration of repurchase agreement.]

re·po 2

 (rē′pō′)
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
1. (Law) repurchase agreement
2. (Law)
a. repossession of property
b. (as modifier): a repo car.

re•po1

(ˈri poʊ)

n., pl. -pos.
[1960–65; rep (urchase) + -o]

re•po2

(ˈri poʊ)

n., pl. -pos.
repossessed property.
[1970–75]
References in periodicals archive ?
The fact is that repos are traditionally sold at auction - and as first time buyers, the auction route is probably not your best bet, since successful bidders are required to exchange there and then, and complete within 28 days.
The chart below shows the Federal Reserve's holdings of agency securities along with the agency securities used as collateral in tri-party repos.
Financial institutions bid for securities worth Rs 31 Billion on the central bank s new bout of reverse repo.
The Federal Reserve added USD610m in reserves to the banking system as part of the repos or repurchase agreement.
Another impediment to reform is the unwind process, the settlement of expiring repos that occurs before new repos can be settled.
It conducted seven-day reverse repos worth CNY 290 billion and offered CNY 105 billion in 14-day contracts.
The second financial rule that privileges repos is that money-market funds must keep their portfolios extremely liquid, because their customers draw checks on their deposits.
Tri-party repos were, for example, a major source of secured funding for Bear Sterns prior to its demise.
The problem at the center of the Repo 105 controversy;
After the initial month of three-month repos, the bank will hold 1-, 2- or 3-month repos on Fridays, depending on the liquidity deficit.
The discussion begins with a description of repos and reverses, the difference between on-the-run and older securities, and the ways dealers use repos to finance and hedge.
The repos were created 11 years ago when the government incurred a large debt with BCV to finance a Brady plan debt refinancing operation.