Term repurchase

Definition:

A repurchase agreement with a term of more than one day. Also known as Term repo

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Competition ahead

Often used in risk arbitrage. Situation whereby another OTC market maker has transacted with investment bank at the stated market level before the bid/offer has been made.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio