mai mult context va rugam:)
poate sa fie una din doua
valori oferite in gaj pt ceva
vezi granddictionaire
Domaine(s) : - finance
emprunt et prêt


français
anglais

en gage
pawn, in



Sous-entrée(s) :
synonyme(s)
en pension
http://www.thefreedictionary.com/pawned
tr.v. pawned, pawn·ing, pawns
1. To give or deposit (personal property) as security for the payment of money borrowed.
2. To risk; hazard: pawn one's honor

SAU

tot granddictionaire
français
anglais

pension sur titres n. f.
repurchase agreement


Définition :
Convention par laquelle une entité cède en propriété à une autre entité des titres de créances négociables, généralement des titres d'État, et par laquelle le cédant et le cessionnaire s'engagent respectivement et irrévocablement, le premier à reprendre les titres donnés en pension, le second à rétrocéder les titres reçus en pension, pour un prix et à une date convenus.


Sous-entrée(s) :
quasi-synonyme(s)
mise en pension de titres n. f.
pension livrée sur titres n. f.
pension n. f.
mise en pension n. f.
pension livrée n. f.



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Note added at 6 hrs (2007-04-16 19:01:16 GMT)
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daca o alta institutie acorda un credit catre o institutie de credit atunci nu pot decat sa trag concluzia ca este statul care contra unor titluri cedate in pensiune de catre insitutiile de credit respective statului ( sau Bancii Nationale) cu obligatia ca BN sa le cedeze spre reachizitie insitutiei de credit cand aceasta a stins datoria
si atunci i-as zice "under repurchase agreement"
uite:
Repurchase agreements (RPs or Repos) are financial instruments used in the money markets and capital markets. A more accurate and descriptive term is Sale and Repurchase Agreement, since what occurs is that the cash receiver (aka repo seller) sells securities now, in return for cash, to the cash provider (aka repo buyer), and agrees to repurchase those securities from the cash provider for a greater sum of cash at some later date, that greater sum being all of the cash lent and some extra cash (constituting the implicit interest rate, known as the repo rate). There is little that prevents any security from being employed in a repo; so, Treasury or Government bills, corporate and Treasury / Government bonds, and stocks / shares, may all be used as securities involved in a repo.
http://en.wikipedia.org/wiki/Repurchase_agreement
Repurchase Agreement
From Reuters Financial Glossary
A repurchase agreement or Repo is a transaction in which Party A sells a security to Party B and agrees to repurchase it at a specific date in the future and at a pre-agreed price. Repos allow Party B to borrow securities and sell them short in the belief that they can be bought back in the market at a cheaper price by the time they must be returned to Party A. The advantage for party A is that it earns added income by lending the securities. Through this operation trader B is effectively a borrower of funds to finance further purchases of securities, and he pays interest to the holder, trader A. The rate of interest used is known as the repo rate. A reverse repo is the reverse situation, whereby the Party A agrees to buy securities from Party B and sell them back at a pre-agreed price and date. Party B is then effectively the lender of funds. Some central banks use repos and reverse repos in government debt as part of their money market operations. Some central banks use repos and reverse repos in government debt as part of their money market operations.
http://glossary.reuters.com/index.php/Repurchase_Agreement

cat despre titluri in pesiune livrata posteaza intrebarea si pune cat mai mult context relevant si sunt sigura ca daca ne punem cu totii mintea gasim ceva :)