Underwriter definition
Frequency:
One that underwrites, especially:
- A person or firm engaged in the insurance business.
- An insurance agent who assesses the risk of enrolling an applicant for coverage or a policy.
- One that guarantees the purchase of a full issue of stocks or bonds.
- A sponsor, as of a television show.
noun
A person who underwrites, or finances something.
noun
A person who underwrites issues of stocks, bonds, etc.
noun
An employee of an insurance company who determines the acceptability of risks, the premiums that should be charged, etc.
noun
An agent who underwrites insurance.
noun
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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.
An entity assuming a financial risk.
noun
(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.
noun
Other Word Forms
Noun
Singular:
underwriter
Plural:
underwriters