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.
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 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.
(12.) The bank, at the time of unwinding the repos, grants an overdraft to the dealer of size 1 + r.
The People's Bank of China (PBOC) injected 60 billion yuan into the market through seven-day reverse repos at an interest rate of 2.55 percent, with 100 billion yuan of reverse repos maturing, leading to a net withdrawal of 40 billion yuan.
Speaking at the meeting, Vugar Namazov, Chairman of the Board of the BSE, noted that an initial version of the amendments to the general agreement on repos and the relevant trade rules have already been prepared.
Instead of placing it on regular deposits, they can look at the repos," Hernandez said.
Dubai: Dubai Financial Market (DFM) said it has granted Equities First Holdings, (EFH), a global lender in shareholder financing solutions, an approval to provide Repurchase (Repo) transactions, the first of its kind in the region.
We also explore the extension of comparison and netting services to repurchases (repos) and reverse repurchases (reverse repos) of government securities, which provided the repo market with cost and efficiency benefits similar to those provided for buy-sell trades.
Asked about regulators' policy shift regarding repos, the central bank chief explained the new formal repo scheme was always a good feature to have for the Philippine financial system, provided all the concerned stakeholders could agree on ground rules to prevent potential abuses.
To remove "friction cost" on repurchase or repo transactions under the government's repo program, the Bangko Sentral ng Pilipinas (BSP) has removed the reserve requirement on eligible deals starting next week, December 1.
While Lehman is an extreme example of aggressive use of repos for balance sheet management, it is unlikely the 2014 accounting rule changes would have prevented its collapse or the broader financial crisis in September 2008.
The chart below shows the Federal Reserve's holdings of agency securities along with the agency securities used as collateral in tri-party repos. These two series show a strong negative correlation.