reverse

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Related to Reverse Repurchase Agreement: Reverse Repo, Repo transaction

Reverse

To overthrow, invalidate, repeal, or revoke.

For example, an appeals court reverses the judgment, decree, or sentence of a lower court either by substituting its own decision or by returning the case to the lower court with instructions for a new trial.

See: abrogate, adverse, annul, antipathetic, antipode, antithesis, cancel, complement, contra, contradict, contradictory, contraposition, contrary, counteract, counterpart, debacle, disaffirm, discharge, disown, escheat, hostile, invalidate, inverse, misfortune, negate, negative, nullify, opposite, override, overrule, overthrow, overturn, plight, quash, recant, recrudescence, regress, regressive, relapse, renege, repeal, repudiate, rescind, retreat, reversion, revert, revoke, tragedy, trouble, upset, vacate, vitiate, void, withdraw

reverse

to revoke or set aside a judgment or a decree.

TO REVERSE, practice. The decision of a superior court by which the judgment, sentence or decree of the inferior court is annulled.
     2. After a judgment, sentence or decree has been rendered by the court below, a writ of error may be issued from the superior to the inferior tribunal, when the record and all proceedings are sent to the supreme court on the return to the writ of error. When, on the examination of the record, the superior court gives a judgment different from the inferior court, they are said to reverse the proceeding. As to the effect of a reversal, see 9 C. & P. 513 S, C. 38 E. C. L. Rep. 201.

References in periodicals archive ?
NEW YORK -- PIMCO Income Opportunity Fund (NYSE:PKO) (the "Fund"), announced that, effective today, the Fund's maximum 38% aggregate leverage policy has been revised to permit the Fund to utilize reverse repurchase agreements up to 50% of the Fund's total assets and to utilize other forms of leverage covered by the prior policy up to the maximum extent permitted by the Investment Company Act of 1940 (the "1940 Act").
28 also mandates a number of disclosures for securities lending transactions patterned closely on the disclosures already required for reverse repurchase agreements.
The PBOC injected CNY120bn through reverse repurchase agreements as part of its regular open market operations.
Some of the main issues for Chase involved repurchase agreements (repos) and reverse repurchase agreements, which generally are short-lived borrowings commonly used by banks in their financing arrangements.
The Central Bank said that it had injected KES6bn into the money Markets, using reverse repurchase agreements (repo), at a weighted average rate of 8.
The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements and/or other instruments.
The People's Bank of China (PBOC) offered CNY15bn in 14-day reverse repurchase agreements through its regular open market operations, according to traders participating in the operation.
liquid securities equal in value to its obligation in respect of the reverse repurchase agreements (or other instruments), these investments are not considered to be a borrowing or a "senior security" for purposes of the asset coverage requirements under the 1940 Act, although they may have the same economic effect as other types of leverage.
The bank had made a series of liquidity injections in recent weeks, via short-term reverse repurchase agreements.
The Governmental Accounting Standards Board has published an interpretation that clarifies the reporting requirements for reverse repurchase agreements.
38% in investment operations, which may include the use of certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.
The Federal Reserve is planning to drain banking reserves using tri-party reverse repurchase agreements.