repurchase agreement

repurchase agreement. A short-term loan agreement by which one party sells a security to another party but promises to buy back the security on a specified date at a specified price. — Often shortened to repo. [Cases: Corporations 82, 120. C.J.S. Corporations §§ 180–181, 193–195, 239–241.]

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词条贡献者

译员Terris，毕业于国内一流的高级翻译学院，擅长翻译有关文旅和酒店领域的法律文件。