🔤 Repo ✨
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URDU
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Roman Urdu:
girvi rakhna, zaroorat kay liye qarz lena, central bank se qarz lena
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ENGLISH
📚noun
repo
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PRONUNCIATION
Standard: ˈriː.poʊ
Phonetic: ree-po
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DEFINITION
repurchase agreement, short term borrowing, secured loan, collateralized borrowing
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EXAMPLE SENTENCES
The bank entered into a repo with the central bank.
Investors often use the repo market for short term funding.
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