repricing

repricing
(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. American Banker Glossary
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To change the price of an asset. In derivatives, it sometimes refers to the exchange of options of with different strike prices. Bloomberg Financial Dictionary

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repricing UK US /ˌriːˈpraɪsɪŋ/ noun [C or U] STOCK MARKET, FINANCE
► the changing of the price of shares, bonds, etc. when they are made available for sale: »

After repricing, the bonds yield a much higher rate, making them more attractive to investors.

 »

The repricing of stocks isn't complete yet.

 »

Should shareholders worry about repricings?


Financial and business terms. 2012.

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