repurchase agreement and reverse repurchase agreement shall mean any agreement in which an institution or its counter-party transfers securities or guaranteed rights relating to title to securities where that guarantee is issued by a recognized exchange which holds the rights to the securities and the agreement does not allow an institution to transfer or pledge a particular security to more than one counter-party at one time, subject to a commitment to repurchase them (or substituted securities of the same description) at a specified price on a future date specified, or to be specified, by the transferor, being a repurchase agreement for the institution selling the securities and a reverse repurchase agreement for the institution buying them.
pogodba o prodaji in povratnem odkupu in pogodba o odkupu in povratni prodaji pomenita vsako pogodbo, s katero institucija ali njena nasprotna stranka prenese vrednostne papirje ali zajamčene pravice, ki se nanašajo na lastništvo vrednostnih papirjev, če je to jamstvo izdano s strani priznane borze s pravicami do vrednostnih papirjev in dogovor ne dopušča instituciji, da bi prenesla ali zastavila določeni vrednostni papir več kot eni nasprotni stranki hkrati, pod obvezo, da jih ponovno odkupi (ali nadomestne vrednostne papirje enakega opisa) po določeni ceni na določen dan v prihodnosti, ali ki bo določen, s strani prenosnika, pri čemer gre v primeru institucije, ki prodaja vrednostne papirje za pogodbo o prodaji in povratnem nakupu, in v primeru institucije, ki kupuje vrednostne papirje, za pogodbo o odkupu in povratni prodaji.