Longman Dictionary of Contemporary English
n. 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 (context finance English) An entity undertaking to market newly issued securities.
The Collaborative International Dictionary
Underwriter \Un"der*writ`er\, n. One who underwrites his name to the conditions of an insurance policy, especially of a marine policy; an insurer.
Douglas Harper's Etymology Dictionary
1610s, "subscriber," agent noun from underwrite (v.). Insurance sense is from 1620s.
- redirect underwriting
Usage examples of "underwriter".
The first bankruptcy law, passed in 1800, departed from the English practice to the extent of including bankers, brokers, factors and underwriters as well as traders.
Compare me with one of those rascals who disseminate phossy jaw and lead poisons, compare me with a millionaire who runs a music hall with an eye to feminine talent, or an underwriter, or the common stockbroker.
Even if Dissat never took a penny from the Waterbury enterprises, a breath of scandal can make the accounting firm and the underwriters back off.
Like a mob of young collegians, they are full of fight, fun, and wickedness, tumbling round the world at such a reckless, rollicking rate, that no prudent underwriter would insure them any more than he would a riotous lad at Yale or Harvard.
Of course it was supposed that there was collusion between the association and the underwriters, but this was not so.
The pilots saw that they would be backed up by the captains and the underwriters anyhow, and so they wisely refrained from entering into entangling alliances.
He is-or was, rather-an executive in a firm of marine underwriters in New York.
Likewise, hometown bond companies often get a juicy cut of the sales while New York underwriters do the heavy lifting.
Those formal civil libertarian organizations which did take an interest in cyberspace issues, mainly the Computer Professionals for Social Responsibility and the American Civil Liberties Union, were carried along by events in 1990, and acted mostly as adjuncts, underwriters or launching pads.
I feel quite a concern for the ladies, sir, and more especially for the stores we abandon to the underwriters.
The ship was insured, but that just means that the underwriters, Bo'ness and Uig, get the salvage rights and they're even tougher than Presteign.
It is a point of interest to me, because I had trouble with underwriters for group insurance who made no distinction between Type I and Type II diabetes and barred me from coverage because of it, until I went over their heads and got a reversal.
It was the insurance underwriter, who wanted to schedule an appointment.
Rodney Dewhurst, who was a marine insurance underwriter for the Lloyd's office in Singapore, noticed a ship moored in the harbor that struck him as vaguely familiar.
The Guildhall Library held all the shipping records for the giant international marine insurance underwriter prior to 1985.