Repo
Full definition of repo
Noun
repo
(plural repos)- (uncountable) repossession
- (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
- (countable, computing, informal) A source code repository.
Derived terms
Verb
- (transitive, informal) repossessI had my car repoed when I became unable to keep up the payments.