noun

underwriter

underwriter, insurer, guarantor

The insurance underwriter assessed the risk.

The insurance underwriter assessed the risk.

The bank acted as the underwriter for the stock issue.

The bank acted as the underwriter for the stock issue.

an insurance underwriter a person who assesses insurance risk The insurance underwriter assessed the risk.

an underwriter for (sth.) a person/company guaranteeing a financial venture The bank was the underwriter for the deal.

Synonyms: insurer, guarantor, backer

From the verb 'to underwrite', which historically meant to sign one's name under a document to assume liability.

Think of someone who 'writes' their name 'under' a contract, thereby agreeing to take on the financial risk.

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