HomeDefinitionsCompareDebt Overnight repoThe financial definition for Overnight repo:A repurchase agreement with a term of one day. Similar MatchesOvernight delivery riskOvernight delivery riskA risk brought about because differences in time zones between settlement centers require that payment or delivery on one side of a transaction be made without knowing until the next day whether the funds have been received in an account on the other side. Particularly apparent when delivery takes place in Europe for payment in dollars in New York. Click to compare definitions of Overnight repo Click to view definitions beginning ov |