repo

1 [ree-poh]
noun, plural repos.

Origin:
1960–65; rep(urchase) + -o

Dictionary.com Unabridged

repo

2 [ree-poh]
noun, plural repos. Informal.
repossessed property, especially a government-financed dwelling repossessed by the government and offered for resale.

Origin:
by shortening of repossess; see -o

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To repo
Collins
World English Dictionary
repo (ˈriːpəʊ)
 
n
1.  repurchase agreement
2.  a.  repossession of property
 b.  (as modifier): a repo car

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
American Heritage
Abbreviations & Acronyms
repo
  1. repossessed merchandise or property

  2. repossession of merchandise or property

  3. repurchase agreement

The American Heritage® Abbreviations Dictionary, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Example sentences
Elsewhere, mortgages tied to the short term repo rate are the norm.
The bank's receiver would be obligated to transfer the repo to the market agent or its designee.
Related Words
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature