REPURCHASE AGREEMENT


Meaning of REPURCHASE AGREEMENT in English

Pronunciation: ( ˌ )r ē - ' p ə r-ch ə s-

Function: noun

Date: 1924

: a contract giving the seller of securities (as treasury bills) the right to repurchase after a stated period and the buyer the right to retain interest earnings

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.