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1. Dictionary

   underwriter

   /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"
   • ▪ a person or company that undertakes to finance or otherwise support or guarantee something: "a major underwriter of the project"

   Scrabble Points: 15

   • U

     1

   • N

     1

   • D

     2

   • E

     1

   • R

     1

   • W

     4

   • R

     1

   • I

     1

   • T

     1

   • E

     1

   • R

     1

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