repo

1 of 2

adjective

re·​po ˈrē-ˌpō How to pronounce repo (audio)
: of, relating to, or being in the business of repossessing property (such as a car) from buyers who have defaulted on payments
a repo company

repo

2 of 2

noun

plural repos

Examples of repo in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Adjective
But consumer lawyers and analysts believe repo men could be back in force next year — particularly if Congress fails to produce a new round of financial relief for troubled households. David Lyons, sun-sentinel.com, 21 Dec. 2020 More than $4 trillion in repo borrowings were conducted during the second quarter alone. Matt Egan, CNN, 7 Dec. 2020
Noun
Subscribe now Economists at Capital Economics are now expecting a 25-basis-point cut in India’s repo rate at Malhotra’s first MPC meeting in February, if not in an unscheduled meeting earlier. Dylan Butts, CNBC, 10 Dec. 2024 Financial institutions are adopting these innovations across cross-border payments, repo markets, and institutional lending. Roomy Khan, Forbes, 4 Dec. 2024 See all Example Sentences for repo 

Word History

Etymology

Adjective

short for repossession

Noun

by shortening & alteration

First Known Use

Adjective

1954, in the meaning defined above

Noun

1956, in the meaning defined above

Time Traveler
The first known use of repo was in 1954

Cite this Entry

“Repo.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/repo. Accessed 22 Dec. 2024.

Legal Definition

repo

noun
re·​po
ˈrē-ˌpō
plural repos
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