underwriterˈʌn dərˌraɪ tər
underwriter (n)
- plural
- underwriters
English Definitions:
investment banker, underwriter (noun)
a banker who deals chiefly in underwriting new securities
insurance broker, insurance agent, general agent, underwriter (noun)
an agent who sells insurance
insurance company, insurance firm, insurer, insurance underwriter, underwriter (noun)
a financial institution that sells insurance
underwriter (Noun)
An entity assuming a financial risk.
underwriter (Noun)
A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.
underwriter (Noun)
An entity undertaking to market newly issued securities.
underwriter
Underwriting (UW) services are provided by some large financial institutions, such as banks, insurance companies and investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issues of security in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter.
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"underwriter." Kamus.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.kamus.net/english/underwriter>.
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