: 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
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 
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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
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
Dictionary Entries Near repo
Cite this Entry
“Repo.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/repo. Accessed 23 Dec. 2024.
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