repo

adjective
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 But consumer lawyers and analysts believe repo men could be back in force next year — particularly if Congress fails to produce a new round of financial relief for troubled households. David Lyons, sun-sentinel.com, 21 Dec. 2020 More than $4 trillion in repo borrowings were conducted during the second quarter alone. Matt Egan, CNN, 7 Dec. 2020 Experts who pay attention to auto loans see trouble on the horizon and think repo men and women will be busy in the new year. Sebastian Blanco, Car and Driver, 29 Nov. 2020 Now, the repo rate stands at an all-time low of 4% (pdf). Prathamesh Mulye, Quartz India, 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, 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, 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, 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, 13 May 2020 Recent Examples on the Web: Noun The Fed’s tweak to its overnight reverse repo rate helped relieve some pressure on banks’ bulging balance sheets. Telis Demos, WSJ, 11 July 2021 The moves were aimed at giving banks more lending firepower during the recession and ease strains emerging in the Treasury and repo markets. Matt Egan, CNN, 19 Mar. 2021 The reverse repo rate and interest on excess reserves rate exist to help keep the funds rate within that range. Michael S. Derby, WSJ, 17 June 2021 The total average daily volume of the overnight repo market is approximately $2.6 trillion. Emily Mason, Forbes, 15 June 2021 That makes the Fed’s zero percent repo rate attractive on a relative basis. Michael S. Derby, WSJ, 8 June 2021 The Fed has a healthy repo operation, some may say unhealthy, putting a floor under money market operations. Vipin Bharathan, Forbes, 1 Mar. 2021 The change has nothing to do with the Pixel 6, but a different Googler responded with a link to an internal source code repo. Chris Smith, BGR, 6 May 2021 The bank kept its key one-week repo rate at 19%, a move that is unlikely to woo foreign investors back. Jared Malsin, WSJ, 15 Apr. 2021

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.

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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

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Cite this Entry

“Repo.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/repo. Accessed 28 Jul. 2021.

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More Definitions for repo

repo

adjective

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

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