Reverse Repurchase Agreement definition

Reverse Repurchase Agreement means an agreement pursuant to which the Fund sells Securities and agrees to repurchase such Securities at a described or specified date and price.

Reverse Repurchase Agreement means a sale of securities by the local agency pursuant to an agreement by which the local agency will repurchase the securities on or before a specified date and includes other comparable agreements.

Reverse Repurchase Agreement means any agreement pursuant to which a Fund receives securities, or any rights related to a title or security, from a counterparty subject to a commitment to sell them back at a specific price on a future date specified or to be specified;

Examples of Reverse Repurchase Agreement in a sentence

• Securities Lending Transactions, Repurchase and Reverse Repurchase Agreement Transactions, and Total Return SwapsAt the date of this Prospectus, the Fund does not enter into securities lending transactions, repurchase and reverse repurchase agreements and total return swaps and does not invest in similar financial derivative instruments.Should the Fund in the future enter into any of the above transactions and prior to such transactions, this Prospectus will be adapted accordingly.

• A1.4.2 Where the conditions under Rule A1.4.1 are not met, an Authorised Firm must include an Exposure arising under a Repurchase Agreement, Reverse Repurchase Agreement securities and commodities borrowing or securities and commodities lending in its Non-Trading Book.

• See Federal Reserve Bank of New York, FAQs: Overnight Fixed-Rate Reverse Repurchase Agreement Operational Exercise, September 19, 2014, http://www.newyorkfed.org/markets/rrp_faq.html.

• Investments purchased from the loaned proceeds of the Reverse Repurchase Agreement shall have maturities not exceeding the due date for repayment of the Reverse Repurchase Agreement transaction.

• Coupons/dividends earned on the securities held under the Reverse Repurchase Agreement will be paid by the Portfolio to the counterparty to the Reverse Repurchase Agreement.

More Definitions of Reverse Repurchase Agreement

Reverse Repurchase Agreement means any agreement in which one party receives securities, or any rights related to a title or security from a counterparty subject to a commitment to sell them back at a specified price on a future date specified or to be specified;

Reverse Repurchase Agreement means an agreement for the sale of securities by the board under which the board will repurchase those securities on or before a specified date and for a specified amount.

Reverse Repurchase Agreement means any agreement to sell an asset presently and then to repurchase such asset in the future.

Reverse Repurchase Agreement means an agreement whereby a credit union enters into an understanding to sell securities to a purchaser and to repurchase the same securities from that purchaser at a future date, regardless of the amount of consideration paid by the credit union or the purchaser.

Reverse Repurchase Agreement means an agree- ment pursuant to which the Fund sells Securities and agrees to repurchase such Securities at a described or specified date and price. - 3 - 19. "Security" shall be deemed to include, without limitation, Money Market Securities, Call Options, Put Op- tions, Stock Index Options, Stock Index Futures Contracts, Stock Index Futures Contract Options, Financial Futures Contracts, Financial Futures Contract Options, Reverse Repurchase Agreements, common stocks and other securities hav- ing characteristics similar to common stocks, preferred stocks, debt obligations issued by state or municipal govern- ments and by public authorities, (including, without limita- tion, general obligation bonds, revenue bonds, industrial bonds and industrial development bonds), bonds, debentures, notes, mortgages or other obligations, and any certificates, receipts, warrants or other instruments representing rights to receive, purchase, sell or subscribe for the same, or evidenc- ing or representing any other rights or interest therein, or any property or assets. 20. "Senior Security Account" shall mean an account maintained and specifically allocated to a Series under the terms of this Agreement as a segregated account, by recorda- tion or otherwise, within the custody account in which certain Securities and/or other assets of the Fund specifically al- located to such Series shall be deposited and withdrawn from time to time in accordance with Certificates received by the Custodian in connection with such transactions as the Fund may from time to time determine. 21. "Series" shall mean the various portfolios, if any, of the Fund as described from time to time in the current and effective prospectus for the Fund and listed on Appendix B hereto as amended from time to time. 22. "Shares" shall mean the shares of beneficial inter- est of the Fund, each of which is, in the case of a Fund hav- ing Series, allocated to a particular Series. 23. "Stock Index Futures Contract" shall mean a bilateral agreement pursuant to which the parties agree to take or make delivery of an amount of cash equal to a specified dollar amount times the difference between the value of a particular stock index at the close of the last business day of the contract and the price at which the futures contract is originally struck. 24. "Stock Index Option" shall mean an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the differ...

Reverse Repurchase Agreement means the acquisition of securities for cash and the simultaneous obligation to transfer such securities at a precise date for an amount equal to the transferred cash and interest; reverse repurchase agreement also means a buy-sell back transaction or the acceptance of a loan of securities secured by cash.

Reverse Repurchase Agreement means a sale of securities by the District pursuant to an agreement by which the District will repurchase the securities on or before a specified date and includes other comparable agreements.