repo

(redirected from Sale Repurchase Agreement)
Also found in: Financial.
Related to Sale Repurchase Agreement: Reverse Repurchase Agreement

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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

repo

(ˈriːpəʊ)
n
1. (Law) repurchase agreement
2. (Law)
a. repossession of property
b. (as modifier): a repo car.
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

re•po1

(ˈri poʊ)

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

re•po2

(ˈri poʊ)

n., pl. -pos.
repossessed property.
[1970–75]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
References in periodicals archive ?
Gold Sale Repurchase Agreements: Counter-party A raises funds by selling gold to counter-party B with an agreement to buy it back at an agreed future date and at an agreed price.