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Noun: repo  ree-pow
Usage: informal
  1. (finance) an agreement where a security is sold with an agreement to repurchase it at a later date at an agreed price
    "Banks often use repos as a way to borrow short-term funds";
    - repurchase agreement
     
  2. (computing, esp. for version control) a repository
    "The developer pushed the latest changes to the GitHub repo"
     
  3. [N. Amer, informal] An item that has been repossessed
    "The bank sent a tow truck to collect the repo car"

Derived forms: repos

Encyclopedia: Repo