repo


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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.

repo man

(ˈripo ˈmæn)
n. a man who repossesses cars for a living. I’d rather beg than get a job as a repo man.
See also: man, repo
References in periodicals archive ?
Expanding cleared repo services in the US is now considered an imperative, given the need to address 'fire sale' risk and the search by Global Systemically Important Banks (G-SIBs) for balance sheet relief.
The Indian central bank has often asked banks to pass on the benefit of repo rate cuts to borrowers.
On the RBI's new guideline on marginal cost- based loan pricing, she said that she expects that it will be a well thought- out guideline The repo rate in India is a blunt instrument.
all in all, if I were you, I wouldn't pay too much attention to repos.
One possible explanation for these concurrent declines in repo rates and in total tri-party collateral value traded is Federal Reserve purchases of securities from the open market.
Viewed over the period 2013-2017, the lower repo rate would contribute to better goal-achievement.
In the tri-party repo market, this intraday financing is provided by the clearing banks.
Repo creditors' exemption from these rules privileges them over the failed firm's other creditors.
A repo (repurchase agreement) transaction is a sale of an asset that is combined with an agreement to repurchase the asset at a pre-specified price on a later day.
The Repo 105 controversy is best understood within the context of Lehman's bankruptcy--the largest ever to have occurred in the United States.
Today s rate hikes comes barely a month after the RBI increased repo and reverse repo rates by 0.
Summary: Madrid, June 09, 2010, SPA -- Smaller Spanish banks are losing access to the European repo market due to concerns Spain could be heading for a debt crisis along the lines of EU partner Greece, Reuters quoted a top financial source in Spain as saying today.
In the future, Repo Men (Law and Whitaker) "repossess" transplanted organs if a patient doesn't pay.
ANKARA, Jun 17, 2009 (TUR) -- Turkey's Central Bank will begin to hold three-month repo auctions as of June 19, 2009, the bank said on Wednesday.
But as Bud says, ``A repo man spends his life getting into tense situations'' - and some pretty funny ones, too.