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Dollar repurchase agreement
A contractual commitment under which an entity sells wholly-owned securities to another entity and both the seller and the buyer irrevocably agree that the seller will buy back the repo securities and the buyer will resell the securities at an agreed price and date.
Translations
Synonyms and variations
- Buyback agreement
- Dollar roll
- Repo (fam.)
- Repo agreement (fam.)
- Repurchase agreement
- RP