Definitions of repurchase agreement
selling shares with an agreement to buy back those shares at some time in the future. Such agreements are used as a type of short-term loan.
The board has authorized a $2 billion share repurchase agreement.
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noun
selling shares with an agreement to buy back those shares at some time in the future. Such agreements are used as a type of short-term loan.
The board has authorized a $2 billion share repurchase agreement.