Underwriter

Underwriter is an individual especially trained in evaluating risks and determining rates and coverage for them. An underwriter is also an insurer. A financial organisation that handles sales of new securities which a company or municipality wishes to sell in order to raise money is also called underwriter. Typically the underwriters will guarantee subscription to securities say, an issue of equity from the company at a stated price, and are under an obligation to purchase securities upto the amount they have underwritten, should the public not subscribe for the issue.

Nearby pages
Underwriting, Underwriting Expense Ratio, Underwriting Expenses Incurred, Underwriting Guide, Undi Vidhan Sabha Constituency