noun
Meaning 1
A transaction where a financial institution or insurance company sells a mortgage-backed security to a dealer and simultaneously agrees to repurchase an essentially similar security at a predetermined price on a future date.
Definition source: English Wiktionary via Wiktextract
Topics: banking, business, finance, insurance
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: borrow roll
Antonyms: none provided