Shielded Cable vs. Braided Cable

Braided cable is multiple strands of smaller wire sometimes braided together to form a larger conductor. It is more flexible than solid conductor cable and will survive more bend cycles.

Shielded cable has an outer metallic (usually braided) sheath that can be used to isolate the cable from interference or prevent the cable from producing interference in other circuits or devices.

Wiki probably gives a clearer answer, check there. Some examples below:

Links attached , hope it heps clear your doubt..

http://en.wikipedia.org/wiki/Shielded_cable

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