repurchase agreement(redirected from Repos and Reverses)
Also found in: Financial.
A contract giving the seller of an asset the right or obligation to buy back the asset at a specified price on a given date.
(Banking & Finance) an agreement in which a security or asset is sold and later repurchased at an agreed price to raise ready money. Sometimes shortened to: repo
a deal to purchase securities between an investor and a bank, stipulating that the investor will sell back the bonds on a specified date, keeping the interest.