re|po

re|po «REE poh», noun.

U.S. Finance, Informal. an agreement to buy back securities, especially government bonds, after a given period; repurchase agreement: »

The Federal Reserve injected reserves into the banking system…, first by negotiating weekend repurchase agreements and then by arranging six-day fixed-term “repo's” (John H. Allen).

╂[short for repurchase]