: 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
Examples of repo in a Sentence
Recent Examples on the Web
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
Brendan Ahern, Forbes, 18 Oct. 2024
For example, Tradeweb recently became the first electronic trading platform to connect repo (short-term borrowing for bond dealers) and IRS (interest rate swap) markets while expanding its data services based on real-world needs.
—Ken Berman, Forbes, 7 Oct. 2024
See all Example Sentences for repo 
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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
In addition, the 7-day reverse repo rate was lowered by 0.2%, the medium-term lending facility was lowered by 0.3% to 2%, and the 1—and 5-year loan prime rates were lowered by 0.2% and 0.25%, respectively.
—Brendan Ahern, Forbes, 18 Oct. 2024
For example, Tradeweb recently became the first electronic trading platform to connect repo (short-term borrowing for bond dealers) and IRS (interest rate swap) markets while expanding its data services based on real-world needs.
—Ken Berman, Forbes, 7 Oct. 2024
See all Example Sentences for repo
Dictionary Entries Near repo
Cite this Entry
“Repo.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/repo. Accessed 21 Nov. 2024.
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