repo - What does it mean?
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Definition of 'repo'English
Noun
( en-noun)
(uncountable) repossession
(countable|finance) A repurchase agreement: a type of derivative which allows a borrower to use a financial security as collateral for a cash loan at a fixed interest rate
(countable|computing|informal) A source code repository.
Derived terms
* repo man
See also
* (Repurchase agreement)
Verb
( en-verb)
(informal) repossess
- I had my car repoed when I became unable to keep up the payments.
Anagrams
*
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