Definition of "repo"
  1. An agreement where one party sells a security and agrees to buy it back later at a specified price, effectively letting security owners earn extra income and traders short-sell securities
How to use "repo" in a sentence
  1. Banks often use repo transactions as a form of short-term borrowing.
  2. He used a repo to gain access to funds and finance his investments.
  3. By utilizing a repo, she was able to earn additional income from her owned securities.

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