sale(s) and repurchase arrangement

  • 1sale and repurchase agreement — Repo is short for a repurchase agreement or a sale and repurchase agreement where one party sells a security to another party for cash and agrees to repurchase it on a specified date for a specified price. The interest rate implied from this… …

    Law dictionary

  • 2sale and repurchase agreement — An arrangement in which an asset is sold by one party to another on terms that provide for the seller to repurchase the asset under certain circumstances. Sale and repurchase agreements, which are examples of off balance sheet finance, are dealt… …

    Accounting dictionary

  • 3repurchase agreement — n: 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. Merriam Webster. 1996. repurchase agreement …

    Law dictionary

  • 4wash sale — n [probably from the comparison of such a sale to the act of washing, which does not affect the nature of the thing washed]: a sale and purchase of securities that produces no change of the beneficial owner; specif: a sale of securities within 30 …

    Law dictionary

  • 5bed-and-breakfast deal — /ˌbed ən brekfəst ˌdi:l/ noun formerly, an arrangement where shares were sold one day and bought back the following day, in order to establish a profit or loss for tax declaration (NOTE: Doing such deals was called ‘bed and breakfasting’.)… …

    Dictionary of banking and finance

  • 6bed and breakfast deal — Selling shares one day and buying them back the next, for tax purposes at the end of the financial year. Exchange Handbook Glossary * * *    The sale of a share and its repurchase shortly after the beginning of a new tax year. This allows… …

    Financial and business terms

  • 7agreement — a‧gree‧ment [əˈgriːmənt] noun [countable] 1. an arrangement or promise to do something, made by two or more people or organizations: • Under the agreement, the company will distribute our products in North America. • What happens if the warring… …

    Financial and business terms

  • 8Federal Reserve System — FRB and FED redirect here. For other uses, see FRB (disambiguation) and FED (disambiguation). Federal Reserve System …

    Wikipedia

  • 9repo — re·po / rē ˌpō/ n pl repos 1: repurchase agreement 2: repossession Merriam Webster’s Dictionary of Law. Merriam Webster …

    Law dictionary

  • 10repo agreement — Repo is short for a repurchase agreement or a sale and repurchase agreement where one party sells a security to another party for cash and agrees to repurchase it on a specified date for a specified price. The interest rate implied from this… …

    Law dictionary