Repurchase Agreement (Repo) - Overview, How It Works, …
https://corporatefinanceinstitute.com/resources/fixed-income/repurchase-agreement-repo/
WebA repurchase agreement (“repo”), also known as a sale-and-repurchase agreement, is an agreement involving the sale and subsequent repossession of the same security at a future date at a higher price. In simple terms, it is an exchange of a security (which acts as collateral) for cash.
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