What is reverse sale and repurchase agreement (“reverse repo”)?
reverse sale and repurchase agreement (“reverse repo”) definition and meaning on Finance terms:
A contract under which a holder of cash agrees to the purchase of an asset and, simultaneously, agrees to re-sell the asset for an agreed price on demand, or after a stated time, or in the event of a particular contingency. Sometimes a repo transaction is agreed via a third party (“triparty repo”). See also