underwriter
noun
Pronunciation: ˈʌndərˌraɪtər
Definition
A financial professional who evaluates and assumes another party's risk for a fee, typically in insurance or investment banking.
Examples
The insurance underwriter decided that the applicant's driving record made them too high a risk to cover.
Investment banks act as underwriters to guarantee the sale of new stock issues for corporations.
After the underwriter reviewed the property survey, the mortgage application was finally cleared for closing.
Synonyms of underwriter
Words with a similar meaning to underwriter:
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