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repo

 - 10 dictionary results
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re⋅po

1  [ree-poh]
Use repo in a Sentence
–noun, plural -pos.
a repurchase agreement.
Origin:
1960–65; rep(urchase) + -o
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Bank & Private Party Repossession Anything, Bicycle/747 Jet 1mil. Ins
www.nationalrecoverynetwork.com
Repossessed Auto Help
Reduce debt by 40% - 60%. Debt Free in 12 - 30 months
FreedomDebtRelief.com

re⋅po

2  [ree-poh]
–noun, plural -pos. Informal.
repossessed property, esp. a government-financed dwelling repossessed by the government and offered for resale.
Origin:
by shortening of repossess; see -o

repurchase agreement

 
–noun
1. a contract between a dealer, as a bank, and an investor, whereby the investor purchases securities with the promise that they will be bought back by the dealer on a designated date, for which the investor receives a fixed return.
2. a contract between a buyer and a seller whereby the seller agrees to repurchase the item sold after a specified length of time or amount of use. Abbreviation: RP
Also called repo.

Origin:
1920–25
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To repo
re·po 1   (rē'pō')   
n.   pl. re·pos Informal
A repurchase agreement.

[Shortening and alteration of repurchase agreement.]
re·po 2   (rē'pō')   
n.   pl. re·pos Informal

  1. Repossession of merchandise or property from a buyer who has defaulted on payment.

  2. Repossessed merchandise or property.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Slang Dictionary
repo [ˈripo]

  1. n.
    a repossessed car. : I'd rather have a plain used car than a repo.
  2. tv.
    to repossess a car. : Some guy came around and tried to repo my car.
Dictionary of American Slang and Colloquial Expressions by Richard A. Spears.Fourth Edition.
Copyright 2007. Published by McGraw Hill.
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Financial Dictionary

repo

See repurchase agreement.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: re·po
Pronunciation: 'rE-"pO
Function: noun
Inflected Form: plural repos
1 : REPURCHASE AGREEMENT
2 : REPOSSESSION

Main Entry: repurchase agreement
Function: 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
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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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
Search another word or see repo on Thesaurus | Reference
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