repurchase agreement

noun

re·​pur·​chase agreement (ˌ)rē-ˈpər-chəs- How to pronounce repurchase agreement (audio)
: a contract giving the seller of securities (such as treasury bills) the right to repurchase after a stated period and the buyer the right to retain interest earnings

Examples of repurchase agreement in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Deposits, including repurchase agreements, were $5.1 billion, reflecting growth from the prior quarter and year-end 2023. Quartz Bot, Quartz, 8 Nov. 2024 The central bank also cut the benchmark interest rate on seven-day reverse repurchase agreements by 20 basis points to 1.5%. Anniek Bao,sonia Heng, CNBC, 4 Oct. 2024 The share repurchase agreement, which has no expiration date, replaces a $60 billion buyback program announced in 2021. Andrew Pollack, Fortune, 16 Sep. 2024 But some said the incident exposed cracks in the multitrillion-dollar market for repurchase agreements, known as repo, where banks and hedge funds borrow cash mainly using Treasurys as collateral. Eric Wallerstein, WSJ, 19 Nov. 2023 See all Example Sentences for repurchase agreement 

Word History

First Known Use

1891, in the meaning defined above

Time Traveler
The first known use of repurchase agreement was in 1891

Dictionary Entries Near repurchase agreement

Cite this Entry

“Repurchase agreement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/repurchase%20agreement. Accessed 23 Nov. 2024.

Legal Definition

repurchase agreement

noun
: a contract giving the seller of securities (as Treasury bills) the right to repurchase after a stated period and the buyer the right to retain interest earnings
Last Updated: - Updated example sentences
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