Underwriter
(n) Underwriter is the legal entity who underwrite a future event. In the event the underwritten action is not fulfilled, the underwriter is responsible to make good the proposed transaction.
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Underwriter
A person promising to take up shares in accordance with an underwriting agreement is an underwriter.
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UNDERWRITER
(1) To agree to pay an obligation which may arise from an insurance policy.
underwriter - Insurer who assumes the risk of another's loss and compensates for the loss under the terms of an insurance policy.
underwriter
n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business or project.
UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer.
Underwriter
Another term for an insurer, one who assumes the risk of another's loss and compensates for the loss under the terms of an insurance policy.
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The effect of a deviation is not to vitiate or avoid the policy, but only to determine the liability of the underwriters from the time of the deviation.
is in substance a contract by which the underwriter agrees to pay the assured the expense he may reasonably and properly incur in preventing a loss which, if it occurred, would fall on the underwriter under the other clauses in the policy." ...
pre-approval a lender commits to lend to a potential borrower a fixed loan amount based on a completed loan application, credit reports, debt, savings and has been reviewed by an underwriter. The commitment ...
the costs of repair, loading and unloading cargo, and maintaining the crew, if these expenses are necessary for the safe completion of the voyage. Claims are generally made against the insurer of the cargo and the ship owner's insurance underwriters.
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