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  2. September 2019 events in the U.S. repo market - Wikipedia

    en.wikipedia.org/wiki/September_2019_events_in...

    The repo market is used by banks, financial institutions and institutional investors to borrow cash to meet their overnight liquidity needs [5] [10] [11] or to finance positions in the market. [12] In this context, the repurchased securities are most often Treasury securities , [ 5 ] [ 9 ] but can also be agency securities [ a ] and mortgage ...

  3. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    They rely on inventory financing, a line of credit extended by a bank or other institution to acquire vehicles. [24] This is known in industry parlance as floorplanning (floor planning) or simply "flooring" vehicle inventory. [25] Specialty finance companies cater to the used car dealer industry.

  4. Repossession - Wikipedia

    en.wikipedia.org/wiki/Repossession

    Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings.

  5. Repurchase agreement - Wikipedia

    en.wikipedia.org/wiki/Repurchase_agreement

    A repurchase agreement, also known as a repo, RP, or sale and repurchase agreement, is a form of short-term borrowing, mainly in government securities.The dealer sells the underlying security to investors and, by agreement between the two parties, buys them back shortly afterwards, usually the following day, at a slightly higher price.

  6. Is That Used Car for Sale Really a Repo or Government Surplus?

    www.aol.com/news/2011-03-30-is-that-used-car-for...

    Ads proclaiming "Government Vehicle Disposal" and "The Repo Joe Sale" are designed to steer buyers to special used car sales events under the pretense they're getting a special deal.

  7. Open market operation - Wikipedia

    en.wikipedia.org/wiki/Open_market_operation

    In macroeconomics, an open market operation (OMO) is an activity by a central bank to exchange liquidity in its currency with a bank or a group of banks. The central bank can either transact government bonds and other financial assets in the open market or enter into a repurchase agreement or secured lending transaction with a commercial bank.

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