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

双语律师蓉婧，国内知名法学院民商法专业，擅长翻译各类与数据隐私及安全相关的法律文件。