repo market

repo market
 n.β€” Β«Barb at 321Gold.com keeps track of Federal Reserve Bank Temporary Reserves, known as the repo market, which are merely the interaction between (theoretically) somebody who needs some very short-term money for some reason, and a bank making a short-term loan against the collateral of some securities that this “somebody” owns, with the agreement that the loan will be re-paid in a few days.Β» β€”β€œTrying To Keep Things Up-Tempo Until The Elections” by Richard Daughty GoldSeek Sept. 27, 2006. (source: Double-Tongued Dictionary)

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