repurchase agreement

What is repurchase agreement?

repurchase agreement definition and meaning on Finance terms:
The process of borrowing money by combining the sale of an asset (usually a fixed income security) with the subsequent repurchase of that same asset for a slightly higher price (which reflects the borrowing rate). <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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