repo
Pronunciation
  • IPA: /ˈɹiːpoʊ/
Noun

repo

  1. (uncountable) repossession
  2. (countable, finance) A repurchase agreement: a type of derivative which allows a borrower to use a financial security as collateral for a cash loan at a fixed interest rate
  3. (countable, computing, informal) A repository usually containing software, in either source code or precompiled form.
Verb

repo (repos, present participle repoing; past and past participle repoed)

  1. (transitive, informal) repossess
    I had my car repoed when I became unable to keep up the payments.



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