单词 | repurchase |
释义 | repurchase 1) The purchase from an investor of a unit-trust holding by the trust managers. 2) (repurchase agreement; repo) An agreement (in full a sale-repurchase agreement) in which a security is sold and later bought back at an agreed price. The seller is paid in full and makes the agreement to raise ready money without losing the holding. The buyer negotiates a suitable repurchase price to enable a profit to be earned equivalent to interest on the money involved. Repurchase agreements originated in arrangements between the US Federal Reserve Bank and the money market, but are now widely used by large companies in the USA and also in Europe. Repos may have a term of only a few days - or even overnight. See also: |
随便看 |
英汉经管词典收录了5297条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。