Underwriters
/ˈʌndərˌraɪtərz/
Definitions
- (n.) Entities that assess and assume risk in insurance or securities issuance, guaranteeing payment or underwriting financial exposure.
The underwriters reviewed the policy applications to determine coverage eligibility.
- (n.) In securities law, parties that purchase securities from the issuer for resale to the public, facilitating capital raising.
The underwriters managed the initial public offering for the corporation.
Related terms
See also
Commentary
In legal contexts, "underwriters" typically refer to institutions or individuals formally accepting risk or subscription of securities, not merely the act of underwriting.
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.