repurchase agreement

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noun

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

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Also called repo.

Origin of repurchase agreement

First recorded in 1920–25

Words nearby repurchase agreement

repugnant, repulse, repulsion, repulsive, repurchase, repurchase agreement, repurpose, reputable, reputation, repute, reputed

How to use repurchase agreement in a sentence

Ronald Reagan approved the agreement and the USTR reviewed Korean practices through the end of his term.
Propaganda, Protest, and Poisonous Vipers: The Cinema War in Korea|Rich Goldstein|December 30, 2014|DAILY BEAST
In November 2014, that agreement was extended by four months, with some additional restrictions on Iran.
Fact-Checking the Sunday Shows: Dec 21|PunditFact.com|December 21, 2014|DAILY BEAST
The agreement has three main points, all of which Iran has met, the IAEA says.
Fact-Checking the Sunday Shows: Dec 21|PunditFact.com|December 21, 2014|DAILY BEAST
“The CIA has since paid out more than $1 million pursuant to the agreement,” the report notes.
The Luxury Homes That Torture and Your Tax Dollars Built|Michael Daly|December 12, 2014|DAILY BEAST

Schettino also tried to enter a plea bargain agreement, which ultimately was rejected by the Grosseto court.
The Costa Concordia’s Randy Reckless Captain Takes the Stand|Barbie Latza Nadeau|December 2, 2014|DAILY BEAST
But no one in Spain and few in Manila as yet could foresee how the fulfilment of the Agreement would be bungled.
The Philippine Islands|John Foreman
The commander of this fleet was an Englishman, according to the agreement between them.
The Philippine Islands, 1493-1898, Volume XX, 1621-1624|Various
By their agreement with the owner, the Company have the right of mining under an area of 185 acres, at a royalty of 6d.
Showell's Dictionary of Birmingham|Thomas T. Harman and Walter Showell
I do not know that the agreement matters much for a few days up or down.
Life of Richard Trevithick, Volume II (of 2)|Francis Trevithick
It therefore designates the act by which one enters into an agreement or a covenant with another.
The Ordinance of Covenanting|John Cunningham

British Dictionary definitions for repurchase agreement

repurchase agreement

noun

an agreement in which a security or asset is sold and later repurchased at an agreed price to raise ready moneySometimes 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