UNDERWRITER — Definition of UNDERWRITER

11 letters
noun
1
An entity assuming a financial risk.
2
A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.
3
An entity undertaking to market newly issued securities.
They were the underwriters of the company's shares, but only on a "best efforts" basis.

📚 Source: en.wiktionary.org/wiki/underwriter

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