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
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Manhattan office rents collapsed in 2008 and the building’s occupancy fell to 89%, 9% below the loan underwriters’ projections. Monica Hunter-Hart, Forbes, 27 Oct. 2024 Lester also worked as a beautician and as an underwriter for an insurance company, North Carolina Mutual and Atlantic Life. Frank Witsil, Detroit Free Press, 24 Sep. 2024 Car insurance companies are well-versed in damage rules and regulations, but travel insurance companies answer to different underwriters and have different requirements. Christopher Elliott, King Features Syndicate, The Mercury News, 7 Oct. 2024 In August, Bloomberg reported Klarna was close to selecting Goldman Sachs as the lead underwriter for its IPO in 2025. Ryan Browne, CNBC, 3 Oct. 2024 See all Example Sentences for underwriter 

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 8 Nov. 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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