open repo
Definition
Repurchase agreement without a specific repurchase date and which may be terminated at anytime by either party. Its discount or interest rate is adjusted daily on the basis of the market rate.
open repo is in the Banking, Commerce & Finance and Investing subjects.
open repo appears in the definition of the following term: repo
This content can be found on the following page:
http://www.businessdictionary.com/definition/open-repo.html
email to a friend print this definition cite this definition








