repo
Pronunciation:
/ˈɹiːpoʊ/noun
Definitions
Repossession
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
A repository usually containing software, in either source code or precompiled form.
verb
Definitions
Repossess
Example: I had my car repoed when I became unable to keep up the payments.