Repo is a sort of lending arrangement.
Thank you @taskmaster4450le for the insight.
I haven't heard of this before till now. Will research more on it.
Question
What happens if the seller fails to repurchase asset on the agreed date?
Repo is a sort of lending arrangement.
Thank you @taskmaster4450le for the insight.
I haven't heard of this before till now. Will research more on it.
What happens if the seller fails to repurchase asset on the agreed date?