seller
Noun


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

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