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repurchase agreement

re·pur·chase a·gree·ment (plural re·pur·chase a·gree·ments)


noun 
Definition:
 
1. agreement about repurchase of securities: an agreement between a dealer and an investor in which the investor agrees to sell purchased securities back to the dealer on a fixed date for a specific profit

2. agreement to buy something back: an agreement between a buyer and a seller in which the seller agrees to buy back the purchased item at the end of a fixed period

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