underwriter

Etymology

underwrite + -er

noun

  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.

Attribution / Disclaimer All definitions come directly from Wiktionary using the Wiktextract library. We do not edit or curate the definitions for any words, if you feel the definition listed is incorrect or offensive please suggest modifications directly to the source (wiktionary/underwriter), any changes made to the source will update on this page periodically.