Noun: repo ree-pow
Usage: informal
Usage: informal
- (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
- (computing, esp. for version control) a repository
"The developer pushed the latest changes to the GitHub repo"
- [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