underwriter
noun
Forms underwriters
- noun An entity assuming a financial risk.
- noun (insurance) A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.
- noun (finance) An entity undertaking to market newly issued securities. “They were the underwriters of the company's shares, but only on a "best efforts" basis.”
Synonyms
investment banker insurance broker insurance agent general agent insurance company insurance firm insurer insurance underwriter
Etymology
From underwrite + -er.
Webster’s 1913
- noun One who underwrites his name to the conditions of an insurance policy, especially of a marine policy; an insurer.
Sources: Wiktionary · WordNet 3.0 · Webster’s 1913 — from the Wiktionary entry “underwriter”, CC BY-SA 4.0. Details