What is the meaning of Brokerage (brokered) CD?

Brokerage (brokered) CD is a certificate of deposit bought through a brokerage. Many brokerages carry a wide variety of CDs. They can be sold before maturity without an interest penalty but whether you receive an amount equal to your original investment depends on market conditions.

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APABarry Goldsmith. (2010). Brokerage (brokered) CD. Retrieved September 23, 2026, from http://smartdefine.org/brokerage_(brokered)_cd/definitions/1148995
ChicagoBarry Goldsmith. 2010. "Brokerage (brokered) CD" http://smartdefine.org/brokerage_(brokered)_cd/definitions/1148995 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, Brokerage (brokered) CD, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/brokerage_(brokered)_cd/definitions/1148995>.
MLABarry Goldsmith. "Brokerage (brokered) CD" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/brokerage_(brokered)_cd/definitions/1148995>