repurchase agreement
noun
                                                                                                                            
                                                            re·pur·chase agreement
                    
                                                                                                              
                                                                                                                                  (ˌ)rē-ˈpər-chəs-  
                                                      
                                                          
            
                                
              
          
                                                      : a contract giving the seller of securities (such as treasury bills) the right to repurchase after a stated period and the buyer the right to retain interest earnings                                      
                
                    
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  Merriam-Webster unabridged




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