An alternative option to typical savings deposits. In this type of agreement the investor purchases a group of securities in denominations of less than $100,000 for a period less than 90 days. These types of agreements are not automatically renewable. Also called retail repo.
Related information about retail repurchase agreement:
- Retail Repurchase Agreement Definition | Investopedia
Under a retail repurchase agreement, an investor buys a pool of securities in aggregate denominations of less than $100000 for a term of less than 90 days.
- Retail Repurchase Agreement: Definition from Answers.com
Retail Repurchase Agreement Type of Repurchase Agreement offered as an alternative to conventional savings deposits.
- FDIC Law, Regulations, Related Acts - Advisory Opinions
Dec 3, 2009 ... However, a "retail" repurchase agreement is an agreement for government securities in aggregate denominations of less than $100,000, for a ...
- FDIC: FIL-107-96: Inactive Financial Institution Letters: Retail ...
Dec 27, 1996 ... At a minimum, banks should continue to disclose that a retail repurchase agreement is not a deposit and is not insured by the FDIC. Disclosure ...
- What is retail repurchase agreement? definition and meaning
Definition of retail repurchase agreement: An alternative option to typical savings deposits. In this type of agreement the investor purchases a group of securities ...
- What is repurchase? definition and meaning
... agreement · employee stock repurchase agreement · stock repurchase plan · share repurchase plan · targeted repurchase · retail repurchase agreement ...
- reverse repurchase agreement Definition | Business Dictionaries ...
... variation of the Repurchase agreement, banks and thrift institutions can raise temporary capital funds with a device called the retail repurchase agreement.
- Advisory Opinion 93-24a
Sep 13, 1993 ... In the interim, Trust Company earns income on such funds for its own account, pursuant to a retail repurchase agreement with National Bank.