UNDERWRITER

Etymology

Noun

underwriter (plural underwriters)

An entity assuming a financial risk.

(insurance) A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.

(finance) An entity undertaking to market newly issued securities.

Source: Wiktionary


Un"der*writ`er, n.

Definition: One who underwrites his name to the conditions of an insurance policy, especially of a marine policy; an insurer.

Source: Webster’s Unabridged Dictionary 1913 Edition



RESET




Word of the Day

9 May 2025

RIGHT

(noun) anything in accord with principles of justice; “he feels he is in the right”; “the rightfulness of his claim”


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Coffee Trivia

Some 16th-century Italian clergymen tried to ban coffee because they believed it to be “satanic.” However, Pope Clement VII loved coffee so much that he lifted the ban and had coffee baptized in 1600.

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