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

27 November 2024

NAUSEATING

(adjective) causing or able to cause nausea; “a nauseating smell”; “nauseous offal”; “a sickening stench”


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Coffee Trivia

The earliest credible evidence of coffee-drinking as the modern beverage appeared in modern-day Yemen. In the middle of the 15th century in Sufi shrines where coffee seeds were first roasted and brewed for drinking. The Yemenis procured the coffee beans from the Ethiopian Highlands.

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