|
Repo, repurchase agreement ((See Chapter 47 of the Vernimmen))
Repos are agreements under which institutional investors or companies can exchange cash for securities for a fixed period of time. At the end of the contract, which can take various legal forms, the securities are returned to their initial owner. All title and rights to the securities are transferred to the buyer of the securities for the duration of the contract.
Repo, repurchase agreement ((See Chapter 47 of the Vernimmen))
Repos are agreements under which institutional investors or companies can exchange cash for securities for a fixed period of time. At the end of the contract, which can take various legal forms, the securities are returned to their initial owner. All title and rights to the securities are transferred to the buyer of the securities for the duration of the contract.
See
all terms in the dictionary of finance
|
|
|
|
You get more than just a glossary
on www.vernimmen.com:
- A monthly newsletter with over 60,000
subscribers
- 610,000 financial data for over 16,000
groups
- A 279-question quiz with answers
- A text book that has
sold 130,000 copies
- And all the rest |