repurchase agreement


re·pur·chase agreement

noun \(ˌ)rē-ˈpər-chəs-\

Definition of REPURCHASE AGREEMENT

:  a contract giving the seller of securities (as treasury bills) the right to repurchase after a stated period and the buyer the right to retain interest earnings

First Known Use of REPURCHASE AGREEMENT

1924

Browse

Next Word in the Dictionary: repure
Previous Word in the Dictionary: rep unit
All Words Near: repurchase agreement

Seen & Heard

What made you want to look up repurchase agreement? Please tell us where you read or heard it (including the quote, if possible).