Try Our Apps


The Best Internet Slang

repurchase agreement

a contract between a dealer, as a bank, and an investor, whereby the investor purchases securities with the promise that they will be bought back by the dealer on a designated date, for which the investor receives a fixed return.
a contract between a buyer and a seller whereby the seller agrees to repurchase the item sold after a specified length of time or amount of use.
Abbreviation: RP.
Also called repo.
Origin of repurchase agreement
First recorded in 1920-25 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
Cite This Source
British Dictionary definitions for repurchase agreement

repurchase agreement

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 & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source

Word of the Day

Difficulty index for repurchase agreement

Few English speakers likely know this word

Word Value for repurchase

Scrabble Words With Friends

Nearby words for repurchase agreement