Underwriter

noun

Word Frequency: 0.4

Definitions

1.nounAn entity assuming a financial risk.

2.nounA person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.

3.nounAn entity undertaking to market newly issued securities.

"They were the underwriters of the company's shares, but only on a "best efforts" basis."

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