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- Dictionaryunderwriter/ˈʌndəˌrʌɪtə/
noun
- 1. a person or company that underwrites an insurance risk: "none of the five main British insurance underwriters would be willing to offer cover"
- 2. a bank or other financial institution that pledges to buy all the unsold shares in an issue of new shares: "the issues are guaranteed success as the underwriters will buy whatever is not snapped up by the market"
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May 1, 2023 · An underwriter is any party, usually a member of a financial organization, that evaluates and assumes another party’s risk in mortgages, insurance, loans, or investments for a fee, usually in...
Jul 19, 2024 · Underwriting is the process through which an individual or institution takes on financial risk for a fee. Underwriters assess the degree of risk within a given...
UNDERWRITER definition: 1. a person who decides whether a bank should give an activity financial support and take…. Learn more.
Mar 21, 2023 · Underwriting is a common practice used in the commercial, insurance and investment banking industries. An underwriter typically works for mortgage, loan, insurance or investment companies. During the underwriting process, they do everything from evaluate your health to assess your financial status.
The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. History. The term "underwriting" derives from the Lloyd's of London insurance market.
1. : one that underwrites : guarantor. 2. a. : one that underwrites a policy of insurance : insurer. b. : one who selects risks to be solicited or rates the acceptability of risks solicited. 3. : one that underwrites a security issue. Examples of underwriter in a Sentence.
a person who decides whether a bank should give an activity financial support and take responsibility for paying any costs if it fails: The second mortgage company’s internal underwriters also rejected us. The principal underwriter will determine the advisability of continuing these payments.
Oct 28, 2021 · Insurance underwriters are professionals who evaluate and analyze the risks involved in insuring people and assets. Insurance underwriters establish pricing for accepted insurable risks. The term...
Underwriting means being paid to be willing to be liable for or incur a potential contingent risk. Underwriting is also the process of assessing the eligibility of a customer to receive capital from corporations and governments that are issuing securities.
Underwriter definition: a person or company that underwrites policies of insurance or carries on insurance as a business.. See examples of UNDERWRITER used in a sentence.
