repo etymology

Etymology:

The word "repo" is an abbreviation of "repurchase agreement".

Meaning:

A repo is a type of secured loan in which a borrower sells securities to a lender and agrees to buy them back at a specified future date and price. The securities serve as collateral for the loan.

Origin:

The term "repo" originated in the financial markets in the 1950s. It was first used to describe a transaction in which a broker-dealer borrowed securities from a customer and agreed to sell them back at a slightly higher price.

Over time, the term "repo" came to be used more broadly to refer to any type of transaction in which securities are sold with a commitment to repurchase them. Repos are now commonly used by banks, investment firms, and other financial institutions.

repo relate terms

  • repossess

    Etymology Re again possess to have or own Meaning To take back possessio

  • possess

    Etymology From Middle English possessen from Old French possessir from Latin possess

  • repossession

    Etymology The term repossession is derived from Latin roots re meaning back or

  • possession

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  • drive

    Etymology The word drive has its roots in Old English deriving from the verb drīfan

  • folly

    Etymology The word folly is derived from the Old French word folie which itself is d

  • protocol

    Etymology The word protocol comes from the Greek word protokollon which means the f

  • consume

    Etymology Latin consumere to destroy use up exhaust Old French consumer consum

  • Catholic

    Etymology The word Catholic is derived from the Greek adjective katholikos meaning

  • adaptation

    Etymology From Latin adaptatio From adaptare meaning to fit Meaning The act

  • ignominious

    Etymology The word ignominious originates from Latin in meaning not or withou

  • forsake

    Etymology Old English forsacan Proto Germanic fursakaną Proto Indo European pre sk

  • university

    Etymology The word university originates from the Latin word universitas which means