See Also: Brokered CD(finance)
Brokered CD(money)
Brokered market(money)
Brokered market(finance)
Finance(money)
FINANCE(finance)
BMW Finance N.V.(finance)
finance(2)(dictionary)
finance(1)(dictionary)
finance(encyclopedia)

Brokered CD (finance)


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.