FT MarketWatch

Brokered CD

A large-denomination CD sold by a bank to a Brokerage, which then divides it into smaller pieces for sale to its Customer.

Related Terms: 5 Broker, Brokerage, Customer, Denomination, ITS
Other Related Pages: Category: Brokerages Starting With: B
Additional Related Terms: 10-K, Allowance for depreciation, Agent bank, At par, All or any part, At best, At call, All-risks coverage, At risk, Add-on service