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An agreement in which one party sells a security to another party and agrees to buy it back on a specified date for a specified price. Central banks deal in short-term repos to provide liquidity to the financial system, buying securities from banks with cash on the condition that the banks will repurchase them a few weeks later.

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Szófaj: noun
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Ipar/Tárgykör: Economy
Kategória: Economics
Company: The Economist
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