Underwriter
/ˈʌndərˌraɪtər/
Definitions
- (n.) A person or entity that assesses and accepts the risk of insuring or financing a particular transaction.
The underwriter reviewed the application before approving the insurance policy.
- (n.) A firm or individual that guarantees the purchase of new securities in a stock offering.
The underwriter bought the entire issue of new shares to resell to investors.
Forms
- underwriters
Related terms
Commentary
Typically used in insurance and finance contexts; clarity on type of underwriting (insurance vs. securities) is often important.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.