underwriter
pronunciation
How to pronounce underwriter in British English: UK [ˈʌndəraɪtə(r)]
How to pronounce underwriter in American English: US [ˈʌndɚˌraɪtɚ]
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- Noun:
- a banker who deals chiefly in underwriting new securities
- an agent who sells insurance
- a financial institution that sells insurance
Word Origin
- underwriter (n.)
- 1610s, "subscriber," agent noun from underwrite (v.). Insurance sense is from 1620s.
Example
- 1. Haitong securities co.will be the main underwriter of the deal , it said .
- 2. The underwriter was talking about phenomena of a different nature .
- 3. The american bank , the world 's biggest underwriter of emerging-market debt , predicts that adding nigerian bonds to its benchmark will lure an extra $ 1.5 billion to the country .
- 4. The facebook ipo was supposed to be a highlight for the social-media company , lead underwriter morgan stanley and the nasdaq stock market .
- 5. The suit targets facebook , its founder mark zuckerberg and the banks behind the flotation , including lead underwriter morgan stanley .