(1) In this section -
"equivalent stock" has the meaning assigned to it by section 87 subject to references - (a) to "obtained from the lender" being read as "transferred to the repo buyer", (b) to "stock borrowing" being read as "stock transfer", (c) to "lender" being read as "repo seller", (d) to "stock borrower" being read as "repo buyer", (e) to "borrowed stock" being read as "stock transferred", and (f) to "borrower" being read as "repo buyer";
"repurchase agreement" means an agreement between a person other than an individual (in this section referred to as the "repo seller") and another person other than an individual (in this section referred to as the "repo buyer") whereby the repo seller agrees to sell stock to the repo buyer on terms that the repo seller will repurchase, and the repo buyer will resell, equivalent stock
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