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 are FDIC insured and do… … Financial and business terms
brokered — adjective Date: 1967 arranged or controlled by brokers and especially power brokers < a brokered political convention > … New Collegiate Dictionary
brokered — ˈbrōkə(r)d adjective Etymology: from past participle of broker (herein) : arranged or controlled by brokers and especially power brokers a brokered political convention … Useful english dictionary
Brokered programming — (also known as time buy) is broadcast content where the show s producer pays for air time, rather than exchanging programming for pay or the opportunity to play spot commercials. A brokered program is typically not capable of garnering enough… … Wikipedia
brokered deposit — UK US noun [C] ► FINANCE a large amount of money put into a bank that is made up of smaller amounts collected from customers by a broker in order to get a higher rate of interest … Financial and business terms
Brokered convention — A brokered convention is a situation in United States politics in which there are not enough delegates won during the presidential primary and caucus elections for a single candidate to have a pre existing majority, during the first official vote … Wikipedia
Brokered Deposit — A large denomination bank deposit that is sold by a bank to a brokerage, which then divides it into smaller pieces for sale to its customers. Core deposits such as deposits to checking accounts, savings accounts and certificates of deposit made… … Investment dictionary
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 … Investment dictionary
brokered — adj. negotiated by an intermediary, settled through a middleman bro·ker || brəʊkÉ™ v. act as a broker or middleman; buy and sell property for others n. middleman, intermediary; stockbroker; agent who buys and sells property for others … English contemporary dictionary
brokered — bro·kered … English syllables
brokered convention — U.S. Politics. a party convention in which many delegates are pledged to favorite sons who use their blocs of votes to bargain with leading candidates who lack a majority of delegate support. Cf. open convention. * * * … Universalium
