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
Recent Word Finds
Word of the Day
22 September 2024
SPRINGBOARD
(noun) a beginning from which an enterprise is launched; “he uses other people’s ideas as a springboard for his own”; “reality provides the jumping-off point for his illusions”; “the point of departure of international comparison cannot be an institution but must be the function it carries out”
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