A repurchase agreement involves two transactions which are agreed on simultaneously by two parties.

Name: A repurchase agreement involves two transactions which are agreed on simultaneously by two parties.
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

A repurchase agreement, or repo, is a financial transaction where one party sells an asset to another with an agreement to repurchase it at a later date for a predetermined price, involving two simultaneous agreements: the sale and the future repurchase.

A Repurchase Agreement Involves Two Transactions Which Are Agreed on Simultaneously