(FINANCE) department of a securities firm that specializes in repurchase agreements. A repurchase agreement is a type of short-term loan in which a borrower sells a security (like a share of stock) and agrees to buy the same security back in a few days.
From the point of view of the counterparty buying/re-selling the stock, this deal is known as a reverse-repo. Reverse-repos are useful to brokerages because they allow the brokerage to short the stock.
From the point of view of the counterparty buying/re-selling the stock, this deal is known as a reverse-repo. Reverse-repos are useful to brokerages because they allow the brokerage to short the stock.
Through a repo desk, the bank can finance short-term borrowings on behalf of itself and its clients. The repo desk makes money by charging interest on typically very short term loans - 1 to 5 days.
by Abu Yahya September 28, 2010
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Was once a biting-edge right-wing source of gossip and 'news', but has now become as tired as Fox News. Is quick to promote such bores as Sarah Palin. One can only conclude now that there is no Matt behind the Drudge Report, as stories are promoted solely to further the agenda of the American Christian right idiotology.
by YooHooBoo October 8, 2009
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by jrachelle July 14, 2015
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Boss: Did you get that project done?
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by Todd B. January 18, 2005
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Reportfags usually go through social media and report posts/content to the point where they are removed, even if it is against the rules.
Usually reports pictures that aren't against the rules at all, just to be a dick.
Reportfags usually go through social media and report posts/content to the point where they are removed, even if it is against the rules.
Usually reports pictures that aren't against the rules at all, just to be a dick.
Social media user 1: *posts picture of cat*
Reportfag: *silently reports*
Social media: your picture has been removed for containing nudity, which is against the terms of use.
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Social media: your picture has been removed for containing nudity, which is against the terms of use.
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by FlyinGiraffe March 30, 2015
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Mike: yea she looks good but she used to be pretty big and Im afraid she might repound...makes me nervous
Mike: yea she looks good but she used to be pretty big and Im afraid she might repound...makes me nervous
by metrod June 13, 2010
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