Meaning of the word underwriter in English
What does underwriter mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
underwriter
US /ˈʌn.dɚˌraɪ.t̬ɚ/
UK /ˈʌn.dɚˌraɪ.t̬ɚ/
Noun
1.
a person or company that undertakes to guarantee the financial support or risk of a venture, especially in insurance or finance
Example:
•
The insurance underwriter assessed the risk of the new policy.
•
Investment banks often act as underwriters for initial public offerings.
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