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

3 April 2025

WHOLE

(noun) an assemblage of parts that is regarded as a single entity; “how big is that part compared to the whole?”; “the team is a unit”


coffee icon

Coffee Trivia

Raw coffee beans, soaked in water and spices, are chewed like candy in many parts of Africa.

coffee icon