repurchase agreement

Noble said inventory sales were different from a sale and repurchase agreement , as the commodities trader had no obligation under the deal to buy the commodities back .

来宝表示，库存出售与出售然后回购协议不同，因为这家大宗商品交易商根据协议没有义务购回大宗商品。

Repurchase agreement ( also known as a repo or Sale and Repurchase Agreement ) allows a borrower to use a financial security as collateral for a cash loan at a fixed rate of interest .

回购协议是指以有价证券作抵押的短期资金融通，在形式上表现为附有条件的证券买卖。

This article is developed with " GMRA " as its masterstroke , making an in-depth research into the OTC securities repurchase agreement system as well as its force in China 's legal system .

本文以“GMRA”为主线，对场外证券回购合同制度及其在中国法上的效力展开了深入的探讨。

If , in an extreme downturn , the conversion were triggered , debt-holders would be forced to absorb some losses without dragging other obligations ( derivatives or repurchase agreement contracts , for instance ) into a bankruptcy process , an event that could trigger a systemic panic .

如果在极度低迷的形势下，转换被触发，那么债券持有者将被迫承受一些损失，但其它债务（比如衍生品或回购协议合约）却不会被拖入破产程序，从而可避免引发系统性恐慌。