buyer
Noun


1. The party in a repurchase agreement that delivers the cash and repos in a security.
2. The party in an interest rate swap (IRS) that pays a fixed rate of interest (fixed leg) and receives the floating stream of cash flow.

Synonym(s): 
  • cash provider (1.); fixed rate payer (2.); floating rate receiver (2.); lender (1.).
Related Item(s):