HomeDefinitionsCompareDebt Brokered CDThe financial definition for Brokered CD: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. A broker CD features a higher interest rate, usually 1% higher, and is FDIC insured and do not usually have commissions. Similar MatchesBrokered marketBrokered marketA market in which an intermediary offers search services to buyers and sellers. Click to compare definitions of Brokered CD Click to view definitions beginning br |