underwriter

noun
un·​der·​writ·​er | \ ˈən-dər-ˌrī-tər How to pronounce underwriter (audio) , ˈən-də- \

Definition of underwriter

1 : one that underwrites : guarantor
2a : one that underwrites a policy of insurance : insurer
b : one who selects risks to be solicited or rates the acceptability of risks solicited
3 : one that underwrites a security issue

Examples of underwriter in a Sentence

Recent Examples on the Web Since then, business dynamics have changed and the lead underwriter that brought PFA into this project has chosen to leave this deal. Morgan Simon, Forbes, "Toxic Alabama Private Prison Deal Falling Apart With Barclays Exit," 21 Apr. 2021 The 52-year-old, unmarried insurance underwriter cares for his mother, who has dementia. Washington Post, "As Singapore ages, single women pay the price of caring for elderly parents," 12 Apr. 2021 By direct listing rather than hiring a Wall Street underwriter, a company in theory can save huge bucks, typically 3 to 7 percent of the money raised. Michael Taylor, San Antonio Express-News, "Taylor: Breaking investment rules to teach your kid about the stock market," 17 Mar. 2021 Cassells, an East Hartford resident, is an underwriter for American Eagle Financial Credit Union. courant.com, "Community News For The Windsor Edition," 19 Mar. 2021 Biglari Holdings’ best-performing business is First Guard Insurance Co., an underwriter of commercial truck insurance. Patrick Danner, San Antonio Express-News, "Changes at Steak n Shake result in short-term pain for chain owned by S.A's Biglari Holdings," 28 Feb. 2021 Jon Gapes, managing director of underwriter Insurance Facilitators, said smaller plantation owners in Australia were most at risk of being left without cover. Alice Uribe, WSJ, "Wildfires Leave Forestry Companies Struggling for Insurance," 26 Feb. 2021 Credit Suisse, meanwhile, has been the sole underwriter for SPACs led by former Facebook Inc. executive and venture capitalist Chamath Palihapitiya. Amrith Ramkumar, WSJ, "2020 SPAC Boom Lifted Wall Street’s Biggest Banks," 5 Jan. 2021 The third underwriter, JPMorgan Chase & Co., received immunity from prosecution in return for information. Peter Vercoe, Bloomberg.com, "Ex-Citi, Deutsche Bank Australia Heads to Face Cartel Trial," 8 Dec. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'underwriter.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of underwriter

1622, in the meaning defined at sense 1

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The first known use of underwriter was in 1622

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Last Updated

28 Apr 2021

Cite this Entry

“Underwriter.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/underwriter. Accessed 9 May. 2021.

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More Definitions for underwriter

underwriter

noun
un·​der·​writ·​er | \ ˈən-dər-ˌrī-tər How to pronounce underwriter (audio) \

Legal Definition of underwriter

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

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

More from Merriam-Webster on underwriter

Thesaurus: All synonyms and antonyms for underwriter

Nglish: Translation of underwriter for Spanish Speakers

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