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репо
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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- 行业/领域： 经济
- 类别 经济学
- Company: The Economist
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