Allows a borrower to use a security as collateral for a fixed rate cash loan. In these agreements the borrower agrees to sell a security to a lender but at the same time must also agree to buy the exact same security at a later date at a fixed price. Also known as a repo.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser