repurchase agreement

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noun re·pur·chase agreement \(ˌ)rē-ˈpər-chəs-\

Definition of repurchase agreement

  1. :  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

1891

First Known Use of repurchase agreement

1891


Law Dictionary

repurchase agreement

noun re·pur·chase agreement

Legal Definition of repurchase agreement

  1. :  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


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