repurchase agreement


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Related to repurchase agreement: repo rate, Reverse Repurchase Agreement

repurchase agreement

n.
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.
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.

repurchase agreement

n
(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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

repur′chase agree`ment


n.
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.
[1920–25]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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(Nasdaq: SNPS) has announced that it has entered into an accelerated share repurchase agreement (ASR) with Wells Fargo Bank, NA to repurchase an aggregate of USD 100 million of Synopsys stock, the company said.
Dubai: Brokerage House Securities said it has collaborated with Dubai Financial Market to execute its first repurchase agreement on securities listed in local financial markets.
Immunotherapeutic agents company Immune Pharmaceuticals Inc (NASDAQ:IMNP) reported on Thursday the launch of an Ceplene asset repurchase agreement with Meda, a Mylan NV company.
To make this possible, it will issue a new standardised and simplified contract for repurchase agreements, Farid said.
Only rarely would a human become involved in an overnight repurchase agreement. The governmental entity's primary checking account is typically set up to have a threshold or target balance, and anything left over is swept into a repurchase agreement.
Scholastic Corporation (Nasdaq:SCHL), a publisher and distributor of children's books and education technology, announced on Friday (1 June) that the company has entered into a USD200m accelerated share repurchase agreement with Deutsche Bank.
Credit risk on a repurchase agreement arises when the market value of the underlying securities differs from the principal amount of the repo.
BANKING AND CREDIT NEWS-February 27, 2019-Leidos enters USD 200m share repurchase agreement
M2 EQUITYBITES-February 27, 2019-Leidos enters USD 200m share repurchase agreement
Global Banking News-February 27, 2019-Leidos enters USD 200m share repurchase agreement
Jefferies has provided a full and unconditional guarantee of JFLLC's payment obligations to the trust under the repurchase agreement. The trust has issued the notes, which are secured by the repurchase agreement collateral as well as its rights under the repurchase agreement.