re·​po | \ ˈrē-ˌpō How to pronounce repo (audio) \

Definition of repo

 (Entry 1 of 2)

: of, relating to, or being in the business of repossessing property (such as a car) from buyers who have defaulted on payments a repo company

repo

noun
plural repos

Definition of repo (Entry 2 of 2)

Examples of repo in a Sentence

Recent Examples on the Web: Adjective Now, the repo rate stands at an all-time low of 4% (pdf). Prathamesh Mulye, Quartz India, "Indian banks won’t lower their guard amid Covid-19 despite the central bank’s insistence," 24 May 2020 Krishna Guha, head of central bank strategy at Evercore ISI, said the the repo program should help smaller emerging markets that need to raise dollars to intervene to prevent freefalls in their currencies. Rich Miller, Bloomberg.com, "Fed Takes on Role of World’s Central Bank by Pumping Out Dollars," 13 May 2020 Market participants said this indicates the Fed's repo market intervention was likely to be ineffective this time for reasons that are not fully understood. Rey Mashayekhi And Jeremy Kahn, Fortune, "The Fed made a bold move to calm shaky bond and credit markets. But is it enough?," 16 Mar. 2020 Fed repo interventions take in U.S. Treasurys, agency and mortgage bonds from eligible banks in what is effectively a short-term loan of central-bank cash, collateralized by the bonds. Michael S. Derby, WSJ, "Overall Fed Temporary Liquidity Ebbed on Thursday to $165.5 Billion," 7 Feb. 2020 The Federal Reserve has so far succeeded in thwarting a repeat of the upheaval seen in mid-September -- when overnight repo rates surged to 10% from around 2%. Saleha Mohsin, Bloomberg.com, "Steven Mnuchin Sees 20-Year Bonds Extending Average Treasury Maturity," 13 May 2020 Still, Chinese central bank officials, who did their best on Monday to cushion the blow by cutting the repo rate and injecting billions of yuan in stimulus, were not happy with investors. Bernhard Warner, Fortune, "‘Irrational, herd behavior’— China’s markets plunge on coronavirus fears, but the selloff fails to spread overseas," 3 Feb. 2020 That mismatch drove overnight repo rates to 10% on Sept. 17, from about 2% the week before. Washington Post, "The Repo Market’s a Mess. (What’s the Repo Market?)," 17 Dec. 2019 The prior operations have calmed markets, with repo rates declining Wednesday to more normal levels after jumping to 10% on Tuesday, four times last week’s levels. Los Angeles Times, "Fed plans to intervene in money markets for a third straight day," 18 Sep. 2019 Recent Examples on the Web: Noun Apart from the cost of deposits and repo rate, banks charge a risk premium, which is based on the profile of a borrower. Prathamesh Mulye, Quartz India, "The central bank’s Covid-19 relief on interest rates hasn’t really reached many Indians," 9 July 2020 Most banks in India haven’t fully passed on the benefits of lower repo rates to borrowers. Prathamesh Mulye, Quartz India, "The central bank’s Covid-19 relief on interest rates hasn’t really reached many Indians," 9 July 2020 Economists expect the People’s Bank of China to cut the nominal reserve ratio for major banks to 11.5% from the current 12.5% in the third quarter, as well as slashing the key 7-day reverse repo interest rate to 2.05% from the current 2.2%. Fortune, "Economists are increasingly optimistic about China’s economic recovery and GDP growth," 23 June 2020 The Reserve Bank of India’s decision to reduce the repo rate to revive the Indian economy will benefit the realty sector. Sudhir Pai, Quartz India, "Despite challenges, the Covid-19 lockdown has opportunities for India’s realty sector," 1 June 2020 Here are the silver linings to the dark clouds surrounding Indian realty: Lower rates-higher sales The Reserve Bank of India’s decision to reduce the repo rate to revive the Indian economy will benefit the realty sector. Sudhir Pai, Quartz India, "Despite challenges, the Covid-19 lockdown has opportunities for India’s realty sector," 1 June 2020 Outstanding Fed repo operations stood at zero at the start of September, rising to $255.62 billion on Jan. 1, before slowly falling to the current level. Michael S. Derby, WSJ, "Overall Fed Temporary Liquidity Ebbed on Thursday to $165.5 Billion," 7 Feb. 2020 The overnight repo, which has a cap of $150 billion, saw eligible banks draw $123.63 billion from the central bank. Michael S. Derby, WSJ, "Repos Drive Outstanding Fed Liquidity to $233.6 Billion," 10 Mar. 2020 One is that the three-month yield has stayed fairly flat, likely due in large part to the Fed's intervention in the repo markets since last fall. Erik Sherman, Fortune, "As the yield curve slips towards inversion, the recession warning light blinks red—again," 30 Jan. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'repo.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of repo

Adjective

1954, in the meaning defined above

Noun

1956, in the meaning defined above

History and Etymology for repo

Adjective

short for repossession

Noun

by shortening & alteration

Keep scrolling for more

Learn More about repo

Statistics for repo

Cite this Entry

“Repo.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/repo. Accessed 15 Aug. 2020.

Keep scrolling for more

More Definitions for repo

How to pronounce repo (audio)

English Language Learners Definition of repo

US, informal : of or relating to the business of taking property from people who have stopped making the payments that they agreed to make to pay for it

repo

noun
re·​po | \ ˈrē-ˌpō \
plural repos

Legal Definition of repo

Comments on repo

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

WORD OF THE DAY

Test Your Vocabulary

Name That Thing: Animal Edition

  • alt 5a023732e6f75
  • Name that animal:
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Add Diction

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!