Question

A _________ is not a specific security but an arrangement whereby a bank or security dealer sells specific marketable securities to a firm and agrees to repurchase the securities in the future.

Answer 1

A
`\sf\purple{repurchase \:agreement}` is not a specific security but an arrangement whereby a bank or security dealer sells specific marketable securities to a firm and agrees to repurchase the securities in the future.

`\large\mathfrak{{\pmb{\underline{\orange{Happy\:learning }}{\orange{!}}}}}`