A contract(s)in which the seller of a security agrees to buy back the security at a specified time and for a specified price is called:

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A repurchase agreement (repo) is a contract in which a seller of a security agrees to buy it back from the buyer at a future date and at an agreed-upon price. This typically involves the sale of a fixed-income security such as a Treasury bill or a corporate bond. Repurchase agreements are commonly used in the money markets as a way for institutions to invest excess funds or for the Fed to conduct monetary policy. Commercial paper is a type of short-term debt issued by companies to raise funds, and commercial agreements are general contracts between parties for business purposes. Repurchase paper is not a commonly used term in finance.

A Contract(s)in Which the Seller of a Security Agrees to Buy