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

15 January 2025

BEAR

(verb) have rightfully; of rights, titles, and offices; “She bears the title of Duchess”; “He held the governorship for almost a decade”


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Coffee Trivia

In the 16th century, Turkish women could divorce their husbands if the man failed to keep his family’s pot filled with coffee.

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