(countable, finance) A repurchase agreement: a type of derivative which allows a borrower to use a financial security as collateral for a cash loan at a fixed interest rate
“His father works as a bouncer and furniture repossessor, and is big, blonde, spotty.”
“The prosecution, nervous because it couldn't prove how the part-time auto repossessor ended his 37-year-old girlfriend's life, rejoiced when the news came in.”
“The 58-year-old part-time auto repossessor, on trial charged with murdering his girlfriend, Dina Canale, admitted as much before his defense rested Monday.”