Meaning Brokered CD
What does Brokered CD mean? Here you find 4 meanings of the word Brokered CD. You can also add a definition of Brokered CD yourself
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Brokered CDA certificate of deposit issued by a bank or thrift institution bought by a brokerage firm in bulk for the purpose of reselling to brokerage customers. A broker CD features a higher interest rate, usu [..]
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Brokered CDDefinition A large-denomination CD sold by a bank to a brokerage, which then divides it into smaller pieces for sale to its customers.
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Brokered CDA brokerage, or brokered, CD is a time deposit sold to individual investors by a brokerage firm, and can be traded on the secondary market. Â An investor might sell the CD prior to maturity without a [..]
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Brokered CDA certificate of deposit issued by a bank or thrift institution bought by a brokerage firm in bulk for the purpose of reselling to brokerage customers. A broker CD features a higher interest rate, usu [..]
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| << Broker-dealer | Brokered market >> |
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