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qwelly [4]
3 years ago
13

A _________ is not a specific security but an arrangement whereby a bank or security dealer sells specific marketable securities

to a firm and agrees to repurchase the securities in the future.
Business
1 answer:
Lemur [1.5K]3 years ago
6 0

A \sf\purple{repurchase \:agreement} is not a specific security but an arrangement whereby a bank or security dealer sells specific marketable securities to a firm and agrees to repurchase the securities in the future.

\large\mathfrak{{\pmb{\underline{\orange{Happy\:learning }}{\orange{!}}}}}

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