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underwriter

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noun un·der·writ·er \ˈən-də(r)-ˌrī-tər\

Definition of underwriter

  1. 1 :  one that underwrites :  guarantor

  2. 2 a :  one that underwrites a policy of insurance :  insurer b :  one who selects risks to be solicited or rates the acceptability of risks solicited

  3. 3 :  one that underwrites a security issue



1622

First Known Use of underwriter

1622


Law Dictionary

underwriter

play
noun un·der·writ·er \ˈən-dər-ˌrī-tər\

Legal Definition of underwriter

  1. 1a :  a person (as an individual or a company) who underwrites an insurance policy :  insurer b :  a person who assesses risks to be covered by an insurance policy

  2. 2 :  a person (as an individual or company) who underwrites a security issue — compare issuer



Additional Notes on underwriter

The Securities Act of 1933 requires dealers, issuers, and underwriters to file registration statements for the securities that they sell.


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