- 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
underwriter
un·der·writ·erWebster's New World College Dictionary, Fifth Edition Copyright © 2014 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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underwriter
noun
One that underwrites, especially:
a. A person or firm engaged in the insurance business.
b. An insurance agent who assesses the risk of enrolling an applicant for coverage or a policy.
c. One that guarantees the purchase of a full issue of stocks or bonds.
d. A sponsor, as of a television show.
THE AMERICAN HERITAGE® DICTIONARY OF THE ENGLISH LANGUAGE, FIFTH EDITION by the Editors of the American Heritage Dictionaries. Copyright © 2016, 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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"Underwriter." YourDictionary. LoveToKnow. www.yourdictionary.com/underwriter.
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Underwriter. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/underwriter
Noun
(plural underwriters)
- 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.
English Wiktionary. Available under CC-BY-SA license.
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"Underwriter." YourDictionary. LoveToKnow. www.yourdictionary.com/underwriter.
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Underwriter. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/underwriter
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.
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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MLA Style
"Underwriter." YourDictionary. LoveToKnow. www.yourdictionary.com/underwriter.
APA Style
Underwriter. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/underwriter
