Series 82: Repurchase Agreement (repo)

Taken from our Series 82 - FINRA Private Securities Offerings Exam

Definition of the term Repurchase Agreement (repo)...

a short-term contract to sell a security and buy it back later at a set price and time, usually the next day.

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Passed my Series 82 comfortably with the Solomon Prep. Only studied for three weeks. Craig and team are very responsive. WOULD HIGHLY RECOMMEND over other exam prep.

Bryan Frinhani, Energy Financial Services. Norwalk, CT

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