Brokered Certificate Of Deposit

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Dictionary Says

Definition of 'Brokered Certificate Of Deposit'

A certificate of deposit (CD) that is purchased through a brokerage firm, or from a sales representative other than a bank. The bank is still the initiator of the CD, but has outsourced to firms that strive to locate potential investors. A higher price is generally paid for these types of CDs, as they are in a more competitive market.
Investopedia Says

Investopedia explains 'Brokered Certificate Of Deposit'

As with all CDs, if held to maturity, the holder with receive the full principal with interest. However, if desired, brokered CDs can be traded with the risk of a loss on the investment.
Search results for

'Brokered Certificate Of Deposit'

  • 9 Tips For Safeguarding Your Accounts

    http://www.investopedia.com/articles/pf/08/account-protection.asp
    ... Before investing in brokered CDs be sure that: You understand the terms and ... invest
    at least $10,000 in a CD with a Certificate of Deposit Account Registry ...

  • Comerica Q1 2011 Earnings Review

    http://stocks.investopedia.com/stock-analysis/2011/Comerica-Q1-2011-Earnings-Review-CMA0421.aspx
    ... Comerica did better on deposit growth in the quarter, reporting an ... quarter of 2011,
    which excludes institutional and retail brokered certificate of deposits ...

  • How To Create A Laddered CD Portfolio

    http://www.investopedia.com/articles/bonds/07/ladders.asp
    ... April 25 2011 | Filed Under ยป Bonds, Insurance. Certificates of deposit (CDs) are
    very popular ... With a brokered CD, however, the only way out is to get another ...

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