by lakemen » Sat Jul 08, 2006 10:45 am
Repurchase Agreement
An agreement between the buyer and seller where the seller would repurchase the securities at price and time previously agreed upon.
Repurchase of government securities are utilized by the Federal Reserve to keep control of the money supply.
An agreement between the buyer and seller where the seller would repurchase the securities at price and time previously agreed upon.
Repurchase of government securities are utilized by the Federal Reserve to keep control of the money supply.
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