| posp. |
repo (1. informal. an occasion when someone repossesses property, or something that has been repossessed: • We sell bank repos (=homes that have been repossessed by banks). 2. also repo agreement. informal. an occasion when the holder of particular bonds sells them and agrees to buy them back on a specific date in the future at a fixed price. central banks use repos to control the money supply (= the amount of money in the economy) by buying back government bonds for specific periods of time; =REPURCHASE AGREEMENT: • Repos are a cheap way of raising money. LBED Alexander Demidov) |
