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repo
(redirected from repos)

   Also found in: Financial, Acronyms, Wikipedia 0.01 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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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.
We are taking action to give real help now to households most in need - MARGARET BECKETT, HOUSING MINISTER 40,000 HOMES REPOSSESSED 75,000 IN 2008 REPOS EXPECTED THIS YEAR 4.
Mon Repos, the one-time palace and birthplace of Prince Philip, the Duke of Edinburgh, had been allowed to fall into disrepair; Corfu Town, a protected Unesco heritage site, had been left to rot in the face of official indifference while the island's heartland, once the inspiration for painters such as Edward Lear, resembled a war zone of discarded cars and rubbish, he said.
 
 
 
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