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REVERSE REPO Definition

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REVERSE REPO see REVERSE REPURCHASE AGREEMENT.

 

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ALLONGE is a piece of paper attached to a negotiable instrument to allow space for writing endorsements.

BOOK ENTRY TRANSACTION, in securities, is a transaction that does not entail physical transfer of paper securities. An entry is made on the books of a safekeeping depository showing the beneficial owner of the securities. This has become a standard transaction method for all U.S. Treasury, many U.S. Government agency securities and many tax­able and tax-exempt instruments.


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