Law Dictionary

Letters

You may also browse our dictionary by first letter.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Return to Law Dictionary Index

dollar reverse repurchase agreement

a financial transaction that is similar to a reverse repurchase agreement in which a dealer, in effect, loans money by buying a security and agreeing to sell it back to the customer at a higher price at a later date. In a dollar reverse repurchase agreement (dollar reverse repo) the dealer does not sell back the exact same security but another, substantially identical security. See repurchase agreement.

Source : U.S. Department of the Treasury

Language : English

Return

Return to Law Dictionary Index