_____________ is a short-term debt security sold by a business firm or financial institution to another business or institution

Question

Mnenie [13.5K]

2 years ago

10

_____________ is a short-term debt security sold by a business firm or financial institution to another business or institution

where the seller agrees to buy back the security at a specified price and date.

Business

1 answer:

xeze [42] · Answer 1 · 2023-10-10T17:12:20+03:00

xeze [42]2 years ago

4 0

Answer:

A repurchase agreement.

Explanation:

A repurchase agreement is a short-term debt security sold by a business firm or financial institution to another business or institution where the seller agrees to buy back the security at a specified price and date.