- a person who underwrites, or finances something
- a person who underwrites issues of stocks, bonds, etc.
- an employee of an insurance company who determines the acceptability of risks, the premiums that should be charged, etc.
- an agent who underwrites insurance
- An entity assuming a financial risk.
- A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.
- (finance) An entity undertaking to market newly issued securities.
- They were the underwriters of the company's shares, but only on a "best efforts" basis.
underwriter - Investment & Finance Definition
An investment bank that acts as an intermediary between a company that wants to sell bonds or stocks and the public. Firm-commitment underwriting, which is done only for an underwriter’s best clients, occurs when the underwriter buys the issue and guarantees to sell a certain number of shares to investors. In order to spread the risk of purchasing the issue, the underwriter forms a syndicate, or underwriting group, made up of other investment banks. In insurance, an underwriter assumes the risks for a variety of problems such as car accidents, health problems, or death, in return for receiving premiums.