underwriter

underwriter

English

Etymology

    From underwrite + -er.

    Pronunciation

    • Audio (Southern England):(file)

    Noun

    underwriter (plural underwriters)

    1. An entity assuming a financial risk.
    2. (insurance) A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.
    3. (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.

    Translations