Business / Finance / Repurchase Agreement: An agreement with a commitment by the seller (dealer) to buy a security back from the purchaser (customer) at a specified price at a designated future date. Also called a repo, it represents a collateralized short-term loan for which, where the collateral may be a Treasury security, money market instrument, federal agency security, or mortgage-backed security. From the purchaser's (customer's) perspective, the deal is reported as a reverse repo.
Agreement Noun Synonyms: understanding, covenant, treaty, pact, accord, compact, settlement, concordat, contract, bargain, deal
Business / Finance / Purchase Agreement: Used in connection with project financing; an agreement to purchase a specific amount of project output per period. MORE
Business / Finance / Preferred Stock Agreement: A contract for preferred stock. MORE