underwriter

noun

un·​der·​writ·​er ˈən-dər-ˌrī-tər How to pronounce underwriter (audio)
ˈən-də-
1
: one that underwrites : guarantor
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
: one that underwrites a security issue

Examples of underwriter in a Sentence

Recent Examples on the Web Loan underwriters testified their companies relied on the information in Mosby’s applications in deciding to lend her money. Alex Mann, Baltimore Sun, 6 Feb. 2024 Scott's journey from underwriter to retail insurance sales and ultimately founding Endurance showcases a unique blend of experiences that positions him as a leader in risk management consulting. Chris Gallagher, USA TODAY, 25 Jan. 2024 Three major companies, including Goldman Sachs, JP Morgan, and Morgan Stanley MS +0.7% have been mentioned as potentially being the lead underwriter of the IPO that is planned for next year. Walter Loeb, Forbes, 11 Dec. 2023 Qatar has also been a major underwriter of Gaza’s economy ever since Hamas seized control of the area, in 2007. Hussein Ibish, The Atlantic, 20 Oct. 2023 Goldman Sachs , JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the offering, which could happen in 2024, people familiar with the matter said. Corrie Driebusch, WSJ, 27 Nov. 2023 For most of the past decade, Citi ranked among the two largest municipal-bond underwriters by volume in the $4 trillion market for state and local debt. Heather Gillers, WSJ, 14 Dec. 2023 Companies like Verizon and Allstate Corp. are specifically hiring banks like Wells Fargo and Morgan Stanley for their deals because of their history enlisting diverse underwriters. Emma Hinchliffe, Fortune, 16 Nov. 2023 Operating at a profit becomes harder for underwriters as extreme weather events become more frequent and powerful. Emily Flitter, New York Times, 25 Aug. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'underwriter.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1622, in the meaning defined at sense 1

Time Traveler
The first known use of underwriter was in 1622

Dictionary Entries Near underwriter

Cite this Entry

“Underwriter.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/underwriter. Accessed 3 Mar. 2024.

Legal Definition

underwriter

noun
un·​der·​writ·​er ˈən-dər-ˌrī-tər How to pronounce underwriter (audio)
1
a
: 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

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