the act of purchasing back something previously sold
buy what had previously been sold, lost, or given away; "He bought back the house that his father sold years ago"
A transaction conducted by the manager who buys back the units from the investor and redeems them with the unit trust.
Buying back/ cancellation of the units by a fund on an ongoing basis or for a specified period or on maturity of a scheme. The investor is paid a consideration linked to the NAV of the scheme
The sale of units back to the fund manager to realise/cash in the investment. It is also referred to as redemption, although not to be confused with the redemption of a gilt or bond.
Repos are short-term money market instruments. The trader sells a security (government security) and buys it back only after a short period of time, typically only overnight. Repos are primarily used raise short-term capital.