underwriter
[
uhn
-der-rahy-ter]
/ˈʌn dərˌraɪ tər/
noun
1.
a person or company that
underwrites
policies of insurance or carries on insurance as a business.
2.
a person or company that
underwrites
shares or bonds.
3.
a person or organization that finances something; backer:
the underwriters of the ballet company.
Origin
1610-20;
underwrite
+
-er
1
Examples from the web for
underwriter
The law is more stringent about the disclosure requirements of an
underwriter
or a broker than a market maker.
He agreed and said he had been unable to get the
underwriter
to agree to a higher amount.
Brokers pop by and propose risks that the
underwriter
accepts by scribbling the share he wants on the broker's slip.
British Dictionary definitions for
underwriter
underwriter
/
ˈʌndəˌraɪtə
/
noun
1.
a person or enterprise that underwrites public issues of shares, bonds, etc
2.
a person or enterprise that underwrites insurance policies
an employee or agent of an insurance company who assesses risks and determines the premiums payable
Word Origin and History for
underwriter
n.
1610s, "subscriber;" insurance sense from 1620s; agent noun from
underwrite
.