underwrite definition

underwrite

General: Sign at the end of a document to signify one's agreement with, or the correctness or trueness of its contents.

Banking: Evaluate a lending risk through the detailed analysis of a loan applicant's credit information (such as ability to service the loan, credit history, value and quality of the collateral offered) and to match it with appropriate loan terms and rate of interest.

Insurance: Evaluate a risk to assume the liability for specified future events and to match the risk with appropriate rate of premium.

Securities trading: Assume the risk of buying a part or entire new issue of bonds or shares from its issuer for reselling it to the public at a higher price.

underwrite is in the Banking, Commerce & Finance, Documentation & Recordkeeping, General, Marine, & Life Insurance and Securities & Futures Trading subjects.

underwrite appears in the definitions of the following terms: sponsor, dealer bank, carrier and fund

underwrite appears in these other terms: lead underwriter, Underwriters Laboratories (UL), underwriter

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