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 October 1, 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 October 1, 2026).
HarvardBarry Goldsmith 2010, brokerage (brokered) cd, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/brokerage_(brokered)_cd/definitions/1148995>.
MLABarry Goldsmith. "brokerage (brokered) cd" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/brokerage_(brokered)_cd/definitions/1148995>