Brokered cd

Brokered CD
Brokered CD definition :
A 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.

Brokered CD
A brokerage, or brokered, CD is a time deposit sold to individual investors by a brokerage firm, and can be traded on the secondary market.

BROKERED CD - A brokered CD is a certificate of deposit sold by a middleman, called a broker. Financial...
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Brokered CD
Certificate of Deposit (CD) that is issued by a bank and bought in bulk by brokerage firms who resell them to their customers.

Brokered CDs-Not Always FDIC Insured
You may also be offered a brokered CD by a stockbroker or other investment professional who serves as a deposit broker for the issuing bank.

Brokered CD. A large-denomination certificate of deposit sold by a bank to a brokerage, which slices it up into smaller pieces and sells the pieces to its customers.

Brokered CD A large-denomination CD sold by a bank to a brokerage, which then divides it into smaller pieces for sale to its customers. brought over the wall A situation in which a research analyst at an investment bank works for the...

See also: Banks, Short Sale, Technical Analysis, Saving, Bills