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repo definition

☆ re·po (rē′pō)

noun pl. repos -·pos

  1. Slang something repossessed
  2. an agreement by a seller, as of securities, to repurchase in the near future at an agreed-upon price

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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