Brokered CD

Business, Legal & Accounting Glossary

Definition: Brokered CD


Brokered CD


Full Definition of 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.


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Modern Language Association (MLA):
Brokered CD. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 06, 2021 https://payrollheaven.com/define/brokered-cd/.
Chicago Manual of Style (CMS):
Brokered CD. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/brokered-cd/ (accessed: December 06, 2021).
American Psychological Association (APA):
Brokered CD. PayrollHeaven.com. Retrieved December 06, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/brokered-cd/

Definition Sources


Definitions for Brokered CD are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 14th November, 2021 | 0 Views.