Definitions for "Repricing"
Keywords:  repo, immaterial, tomorrow, alm, margin
When the market value of a security in a repo or securities lending transaction changes and the parties to the transaction adjust the amount of securities or collateral in the transaction to the correct margin level. A buy/sell cannot be re-priced without consent. Similar to variation margin.
(1) A contractual provision applicable to specific loans, investments, or deposits that changes the interest rate paid or received. For example, a loan may have an interest rate tied to the prime rate that changes every time the prime rate changes, or an investment may have a rate tied to the one-month LIBOR. It is immaterial which index, if any, the rate is linked to or when the rate adjusts. (2) As used in asset liability management (ALM), refers to the timing of cash flow from the principal of an asset that is received by the bank or the timing of payment of the principal of a liability by the bank. For example, in the case of a 5-year, fixed-rate investment, the principal is received at the end of 5 years, therefore, the asset reprices at the end of the fifth year. Note that the end of the fifth year could be tomorrow if the investment was issued 4 years and 364 days ago. In the case of a car loan, an amount equal to the monthly principal payments made to the bank reprices each month. In the case of a certificate of deposit, repricing occurs at maturity.
Repricing is the act of changing a cardholder's APR.
The exchange of high-priced, usually "Out-of-the-Money" stock options for lower-priced options. Restricted Stock Award – Grants of shares of stock subject to restrictions on sale and risk of forfeiture until vested by continued employment. Restricted stock typically vests in increments over a period of several years. Dividends or dividend equivalent rights may be paid, and award holders may have voting rights, during the restricted period. Performance Accelerated Restricted Stock Award Plans ("PARSAPs"), also known as performance-accelerated stock ("PARS") and time-accelerated restricted stock award plans ("TARSAPs") – Grants of restricted stock or restricted stock units which may vest early upon attainment of specified performance objectives. Otherwise, a time-vesting schedule would remain in effect.
An adjustment or amendment to the exercise price of an outstanding, but unexercised, stock option or stock appreciation right, whether through amendment, cancellation, replacement grant or any other means, that changes the price at which the underlying shares of stock may be purchased.
The practice of changing the exercise price if the overall market falls and renders options worthless. Tends to anger existing shareholders
When a borrower returns to the primary loan market to reduce the spread on its loan.