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underwriter
[ uhn-der-rahy-ter ]
noun
- a person or company that underwrites policies of insurance or carries on insurance as a business.
- a person or company that underwrites shares or bonds.
- a person or organization that finances something; backer:
the underwriters of the ballet company.
underwriter
/ ˈʌndəˌraɪtə /
noun
- a person or enterprise that underwrites public issues of shares, bonds, etc
- a person or enterprise that underwrites insurance policies
- an employee or agent of an insurance company who assesses risks and determines the premiums payable
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Word History and Origins
Origin of underwriter1
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Example Sentences
Those numbers decline by around $70 and $80 million, respectively, if the underwriters do not purchase their option.
Compass, another SoftBank portfolio company, has selected underwriters for a potential initial public offering, a person with knowledge of the matter has said.
The number of tech companies going public this year by directly listing their shares instead of using Wall Street underwriters is about to double from 2019 and 2018—to two.
Riccitiello noted that underwriters still introduced potential investors to the company.
As it turned out, demand was so strong that the underwriters found eager buyers among their clients for the green shoe shares as well.
Adelson has long been an RJC board member and its leading underwriter, according to two other board members.
As for Goldman, many say the company did the deal in part to gain favor as the potential underwriter of an eventual IPO.
The life of the underwriter is one of great anxiety and speculation.
He got his share of the underwriter's money, and invested it in a one-third interest in another and smaller vessel.
Usually the broker keeps a current account with the underwriter, and premiums and losses are dealt with in account.
Without interest at the time of the loss there is no right to recover from the underwriter.
It states the limits of voyage and value covered by the underwriter, and the class of ships to be employed.
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