repo


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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 classic literature ?
That day I oft remember, when from sleep I first awak't, and found my self repos'd Under a shade on flours, much wondring where And what I was, whence thither brought, and how.
The foremost reason behind this change in SBP's operational framework is to avoid excessive volatility in the money market overnight repo rate as this may create disconnect between short and long-term interest rates in the economy.3
Often referred to as the bloodline and plumbing of the financial system, the tri-party repo market motivated a number of policy interventions during the recent financial crisis after the potential for disruptions in the market threatened to interrupt funding flows.
THE REPO RATE SHOULD BE LOWERED TO 0.25 PERCENT IN 2013
Overseas regulators have since been seeking to increase the resilience of repo markets so that they become a more stable source of funding during periods of market stress.
A repo, or repurchase agreement, is a sale of a security (often a US Treasury obligation) that the seller promises to buy back later - often the day following the original sale - at a slightly higher price.
The tri-party repo market played a significant role during the 2007-2009 global financial crisis.
This follows RBI's reduction of repo rate by 35 basis points last month.
dollars) from the financial system Wednesday, with more reverse repos maturing than conducted.
Extension of the maximum tenor of a Repo to 5 years from 365 days previously;
With the change, the housing loans will start from repo plus 2.9 per cent at 8.3 per cent," Syndicate Bank said in a statement.
An indicative schedule of USD Repo Operations is set out on the Banks website.