The organization that acts as the distributor of new shares to broker/dealers and investors. In a municipal underwriting, a brokerage firm or bank that acts as a conduit by taking the new issue from the municipality and reselling it. In a corporate offering, the underwriter must be a brokerage firm.

an investment bank that chooses to be responsible for the process of selling new securities to the public. An underwriter usually chooses to work with a syndicate of investment banks in order to maximize the distribution of the securities.

In investment banking, a member of a new issue syndicate who contracts to purchase primary debt or equity securities on a given date at a specific price, thus guaranteeing the borrower the full proceeds.

A broker or bank which, on behalf of a client, arranges the sale of a security issue, and agrees to purchase any unsold securities that are left over. Using an underwriter enables a client to sell all securities issued, thereby raising all money it seeks from the issue.

An investment banker that works with an issuer to help bring a security to the market and sell it to the public.

An underwriter guarantees to the company that the funds sought will be raised and any shortfall will be taken up by the underwriter and the funds will be available at a specific time.

A market participant who agrees to buy a new issue at a specified price if no-one else is prepared to purchase the securities offered. The underwriter will receive commission to compensate him for the risk taken that he will have to buy an unsuccessful issue and lose money as a result.

An investment banker who purchases shares of a company that is going public, then resells them to investors for a higher price. When an underwriter brings shares of a new company to market it is called an initial public offering (IPO). Investment banks can also underwrite secondary offering of existing public companies.

A brokerage firm that helps a company come public in an initial public offering. The firm underwrites (vouches for) the stock. When a company has been brought public, the shares have been underwritten. See Initial public offering.

In a firm commitment offering, a person (typically... Add a comment

Investment bankers who handle the offering of a new issue of securities. They buy all the securities from the issuer and distribute them to investors. They make a profit on the underwriting spread. The investment banker may be acting alone or as a member of an underwriting group or syndicate.

an organization, usually a bank, that purchases a share issue, hoping to sell it to the public; an insurance company that undertakes to meet losses.

Also known as an "investment banker", an underwriter is a middleman between an issuing corporation and the public. He usually forms an underwriting group, called a syndicate, to limit his risk and commitment of capital. He may also contract with selling groups to help distribute the issue-for a concession. In the case of mutual funds, he may also be known as a sponsor, distributor, or even wholesaler. Investment bankers also offer other services, such as advice and counsel on the raising and investment of capital.

The Investment Bank that coordinates the issuing of securities by a company, and which purchases all such securities directly from the company and then resells them to the ultimate buyers.

The investment bank, commercial bank, or brokerage firm that works with an issuer to sell a new issue. Issuers may select underwriters by obtaining bids or on a negotiated basis. Potential underwriters may form groups called underwriting syndicates to bid collectively.

is a. a banker who deals chiefly in underwriting new securities (investment banker), or b. an agent or financial institution that sells insurance. UNDISTRIBUTED EARNINGS see Retained Earnings. UNEARNED REVENUE / INCOME represents money that you have received in advance of providing the goods or services to your customer. Unearned revenue is a liability of your business until you provide the goods or services you agreed to provide to the customer.

A stockbroker or investment bank that sells shares in a new issue to the public. The underwriter will profit from the fees generated by the offering.

A brokerage firm, securities dealer or investment banking firm that sells company securities to investors and to other brokerage firms, securities dealers and investment banking firms. This can occur either through a private placement offering or public offering.

The underwriter is an investment bank which guarantees the price of a financial security to the issuer before counseling to investors.

A broker or financial institution which arranges the sale of a security issue on behalf of a client and agrees to purchase any unsold securities subject to conditions agreed with the client. Using an underwriter enables a client to sell all securities issued and raise all money it seeks from the issue. Underwriters may also have sub-underwriters to share the underwriting risk.

a firm, normally a brokerage, that agrees to buy the new issue of a company at a fixed discounted price, which they will then sell to the public at retail value

An investment firm that purchases shares from the corporation issuing the shares for resale to other investment firms or the public or acts as an agent for such corporation to sell such shares to the public.

The organization that sells securities to broker-dealers and investors.

An investment banking firm which enters into a contract with the issuer of new securities to distribute them to the investing public.

The organisation that acts as the distributor of an initial offer share to broker/dealers and investors and undertakes to subscribe to any under-subscription of the offer.

The investment banking firm that purchases an issue of municipal bonds from the issuer and resells them to the public.

A financial institution that arranges an issue of new securities by agreeing to buy an entire new securities issue from an issuer and distribute it to the public.

A financial institution (investment bank or commercial bank) which purchases a new issue of municipal securities for resale. The underwriter may acquire the bonds either by negotiation with the issuer of by award on the basis of a competitive bidding.

A person that works for the investor making the loan. They ensure that the borrower, the property, the appraisal, the survey, the title commitment, and all of the documentation satisfy the criteria for the loan program, and issue a clear to close to their document department to produce the loan package for closing.

The individual or group that purchases a security from the issuer and distributes it to investors.

The stockbrokers who help a company come public in a New Issue. They underwrite (vouch for) the stock. When a company has been brought public, the shares have been underwritten.

Guarantor of the issue of new securities. Promises to buy any securities not taken up by other investors at the time of floating.

Investment banker, who singly or as a member of an underwriting group or syndicate, agrees to purchase a new issue of securities from an issuer and distribute to investors, making a profit on the underwriting spread.

An organisation, normally a merchant bank or broking firm, that guarantees a minimum level of subscription to a share or debt issue. If public subscription fail to reach the minimum level, the underwriter takes up the shortfall. Underwriters often have sub-underwriters to share the risk.

Aan investment bank that assumes the risk of buying the new issue of stock and then reselling it to the public. .

a person or organization that buys an issue from a corporation and sells it to investors

The organization that acts as the distributor of a mutual fund's shares to broker/dealers and the public.

This is a brokerage firm that raises money for companies using public equity and debt markets. Underwriters are financial intermediaries that buy stock or bonds from an issuer and then sell these securities to the public. The process through which this is accomplished is highly regulated by the SEC and the National Association of Securities Dealers.

broker-dealer that has agreed to offer a company's securities for sale to the public.

An institutional investor who effectively insures a new issue (or rights issue) by agreeing to buy all shares which are not sold to other investors.

broker or bank which arranges the sale of an issue of securities on behalf of a client and, if it does not sell all stock to other institutions or investors, itself undertakes to purchase the unsold securities. By using an underwriter, the client is therefore assured of raising the full amount of money it is seeking.

An organization that for a fee guarantees a minimum level of subscriptions to a share or debt issue. If public subscriptions fail to reach this minimum level then the underwriter takes up the shortfall.

A financial organization that handles sales of new securities which a company or municipality wishes to sell in order to raise money. Typically the underwriters will guarantee subscription to securities say, an issue of equity from the company at a stated price, and are under an obligation to purchase securities upto the amount they have underwritten, should the public not subscribe for the issue.

A company that purchases shares of a corporation and arranges for their sale to the general public.

The investment banking firm that brought the company public. In the IPO Summary section we include both the primary Underwriter, called the Lead Manager and the Co-Manager, when available.

A company or person analyzing a person's creditworthiness and undertaking the responsibility for issuing credit.

Arranges a new issue of shares or securities and agrees to purchase any that are unsold to guarantee a full subscription.

In securities, a party that assists a company in issuing stock or bonds. To Top

(See: Investment banker)

The bond underwriter is engaged by the hospital to sell the bonds to the public and institutional investors. The Underwriter is the “quarterback” for the transaction, coordinating the efforts of all parties associated with the transaction. The Underwriter prepares a calendar of transaction timing and responsibilities, prepares the preliminary and final Official Statements, proposes the terms and sales price for the bonds and purchases the bonds for resale to the general public.

A company or person undertaking the responsibility for issuing a mortgage. Underwriters analyze a borrower's creditworthiness and set the loan amount. Back

A person or organization that acquires shares of stock from an issuer or other party with a view for general distribution.

Underwriters raise capital for a business, arrange mergers and acquisitions, and provide advisory services such as business valuations. The capital raised may be in the form of debt or equity and may be from private or public sources. Underwriters have the ability to sell securities and may focus on institutional sales or may pursue retail sales through their own retail brokerage operations. At nvst.com, Underwriters are classified as Investors and Advisors.

The investment banking firm that brought the company public. (see Investment Banker)

The organization that sells a mutual fund's shares to broker-dealers and investors.

Firm which buys an issue of securities (shares) from a company and resells it to investors.

An investment firm that purchases a security directly from its issuer for resale to other investment firms or the public or sells for such issuer to the public.

firm, usually an investment bank, that buys an issue of securities from a company and resells it to investors. In general, A party that guarantees the proceeds to the firm from a security sale, thereby in effect taking ownership of the securities.

A company, usually an investment banking firm, that guarantees or participates in a guarantee that an entire issue of stocks or bonds will be purchased

A financial institution which serves as an intermediary between an issuer and investors in an ABS offering.

a middleman that assists companies in going public by buying a new issue of stock on the assumption that it can resell the stock to the public

A company or other entity that administers the public issuance and distribution of securities from a corporation or other issuing body. An underwriter works closely with the issuing body to determine the offering price of the securities, buys them from the issuer and sells them to investors via the underwriter's distribution network.

A firm that agrees to underwrite a new issue, for a fee, thereby guaranteeing the securities will be sold.

The parties responsible for raising investment capital from investors on behalf of corporations and municipalities that are issuing securities.

An investment bank that agrees to purchase a new issue of securities from an issuer and distribute it to investors, making a profit on the fees charged for this service.

(go to top) The organisation that acts as the distributor of a mutual fund's shares to broker /dealers and investors.

a broker or bank which arranges a share issue and agrees to buy any shares that are unsold

An individual or institution which acts as a middle man between corporations issuing securities and the investing public.

A firm that purchases new issues and distributes them. When issues trade refers to a trade during a time interval when a new issue is sold and actually distributed. Until the issue is distributed, it trades on a "when, as, and if issued" basis.

A party that guarantees the proceeds to the firm from a security sale, thereby in effect taking ownership of the securities. Or, stated differently, a firm, usually an investment bank, that buys an issue of securities from a company and resells it to investors.

One who joins with others in entering into a policy of insurance as the insurer.

An Insurer. Either an individual or a company who subscribes to a policy or contract of insurance or reinsurance. Although a NAME at Lloyd's is an Underwriter, the Name will invariably delegate underwriting authority to a Lloyd's Managing Agency to conduct business on their behalf.

An official of an insurance or reinsurance company or of a Lloyd's Syndicate who is empowered to accept risks on behalf of such organisations.

An insurance company that insures title. An underwriting company may have independent agencies who issue insurance policies in their behalf or may be the primary issuing agent themselves.

In insurance, an underwriter is the company that issues the insurance policy and assumes the risk of loss. In capital stock sales, an underwriter is one who agrees to promote a new issue of stock and agrees to buy any shares not purchased by the public.

An employee of an insurance company, who prices and assesses the risk of accepting insurance applications submitted to the company. ____________________________________________________________ LIABILITY INSURANCE CHECKLIST

An insurer's employee who decides whether or not to accept a proposal or insurance and, if so, on what terms and conditions.

Technically, the person who writes his or her name under an insurance agreement, accepting all or part of the risk. In life and health insurance, used to designate that official in the home office who reviews the facts about the risk, accepts or declines the risk and assigns the rate; the home office underwriter. In life insurance, to designate a soliciting agent, the term being somewhat more descriptive than agent, since the agent does exercise underwriting discretion in selecting the risks (prospects) he or she contacts.

Underwriter is a brokerage firm which handles the process of offering a company's stock to the public through an initial public offering (IPO) high risk to the investor.

A person within the insurance company who evaluates the risks and determining rates and coverage for them.

A technician trained in evaluating risks and determining rates and coverage for them. When an application is submitted to the insurer, it is the underwriter who gathers all the necessary information to determine whether a person is a preferred risk, a standard risk, or rated.

One who guarantees the sale of securities to investors. He is at risk to the extent he assumes the responsibility of paying the net purchase price to the seller at a pre-determined price. He charges a fee for this service.

In marine insurance, one who subscribes his name to the policy indicating his acceptance of the liability mentioned therein, in consideration for which he receives a premium.

The party empowered with determining the viability of a loan. Functions of the underwriter include determining the level of risk, considering the financial credibility of the borrower and weighing the appraisal report as it relates to the asset being purchased.

A person who insurers another.

Insurance company receiving premiums and accepting responsibility for fulfilling the policy contract. Also, they decide whether the company should assume a particular risk.

Someone who takes a financial risk (relieving another party of it) in return for a fee.... more on: Underwriter

A synonym for insurer or an employee of an insurance company whose responsibilities include reviewing applications submitted for insurance coverage, deciding whether to accept or reject all or part of the coverage requested and fixing the terms of coverage.

This could be the person (broker or agent) who helps you choose the proper type of life insurance or disability insurance and the insurance company for your particular needs. This could also be the person at the insurance company's head office who reviews your application for coverage to determine whether or not the insurance company will issue a policy to you.

The person that assesses and classifies the risk that a 1) proposed insured poses to an insurance contract, or 2) proposed borrower may pose for a loan offered by a financial institution based on the credit standards of that institution.

An underwriter, in life insurance terminology, is a company that assumes the risk and expenses in the event of a policyholder's death. An underwriter is another name for a life insurance company.

A company representative who reviews applications for insurance coverage to ensure they are acceptable and appropriately priced.

One who insures another.

Insurance: company that assumes the cost risk of death, fire, theft, illness, etc., in exchange for payments called premiums. Securities: Investment banker / a member of an underwriting group of syndicate, aggress to purchase a new issue of securities from an issuer and distribute it to investors, making a profit on the underwriting spread.

A person that uses evidence to evaluate the insurance risks of applicants and policyholders.

An underwriter is one who rates the acceptability of risk. In mortgage lending, the underwriter approves or denies a loan based upon the strengths of the property and the applicant. The underwriter ensures that the weaknesses (risks) are within the acceptable limits of the lender.

A person who works for an insurance company accepts or rejects risks on behalf of the company; his/her duty is to prevent the adverse selection of risk.

Individual who works in the home office of an insurance company and performs the function of UNDERWRITING to determine if an applicant is insurable at preferred rates standard rates, substandard rates or uninsurable.

An insurance company employee who evaluates applicants for insurance, selects those that are acceptable to the insurer, prices coverage, and determines policy terms and conditions.

is a person who decides if an insurance risk is acceptable. He/she decides in what amount and what terms the insurance company will accept the risk.

an agent who sells insurance

an Insurance company that Underwrites the risk for the Coverage and Benefits of a bundled Plan

a trained credit-risk analyst who will do everything possible to help you receive loan approval

Same as Insurer.

The insurance company that insures a particular risk, or the person at an insurance company who evaluates applications for insurance coverage, decides whether to accept or reject the risk and sets a price for the coverage.

A person who is trained in evaluating risks of proposed insureds and assigning appropriate rate classifications for an insurance company.

A home office person who performs the underwriting process to accept or reject risk on behalf of the insurance company.

A person who reviews all supporting documents to determine the risk associated with granting a borrower a loan. This person authorizes final approval of loans.

The person, employed by the lender, who reviews your file to determine if you qualify for the loan you have requested. The underwriter's job is essentially twofold: (1) to ensure you fit within the guidelines as determined by the lender or, if not, whether the exception is important; and (2) to assess whether or not you are a good credit risk

The person who reviews a loan application and makes recommendation to the loan committee concerning the risk and desirability of making the loan.

One who analyzes mortgage loans to determine the risk involved in granting the loan.

The person or company taking responsibility for rating risks and approving mortgage loans. Also used to identify those who provide credit enhancement for mortgage loans, such as Fannie Mae and Freddie Mac.

Insurance company employee, who reviews applications, evaluates risk and makes decision to approve or decline coverage.

An insurer or reinsurer (or an individual person employed by the insurer or reinsurer) that assumes risks and "signs below" (underwrites) terms of the insurance or reinsurance accepted.

A person trained in evaluating risks and assigning rates based on insurance company rules.

(1) A person who accepts or rejects risks on behalf of an insurance company. (2) An insurer.

Underwriters are the professionals upon whose experience and judgement the market depends for its expertise and reputation. It is the underwriter's responsibility to assess the merits of each risk and decide a suitable price, or premium, for accepting all or part of the risk.

A person usually employed by an insurance company that decides if the company should accept an insurance risk or not. The underwriter will decide how much premium has to be paid and decided on what terms will apply to the contract wording

An employee of a mortgage lender who reviews a loan package, and verifies all the information is accurate and makes a recommendation to a loan committee regarding the risk and desirability of the loan.

An individual in an insurance company who determines what insurance risks will be accepted and on what terms.

An insurance company that issues insurance policies to the public or to another insurer.

Any individual or employee of an insurance company who has the responsibility of accepting risks and determining in what amounts.

Makes the determination of who can be insured and at w rate. Uninsurable - An individual who is unable to obtain life insurance coverage due to the high risk he or she represents to the insurance company. For example, most insurance companies would consider an individual with a serious life threatening disease to be uninsurable.

A person who identifies and calculates the risk of loss from policyholders, establish premium rates, and write policies to cover the risks.

entity that assumes responsibility for the risk, issues insurance policies and receives premiums.

The person who reviews an application for insurance and decides if the applicant is acceptable and at what premium rate.

A technician who is trained in evaluating risks and determining rates and coverage for them.

The party who assesses the applicant's/insured's risk level, establishes the corresponding premium(s) and assures that funds will be available to pay to the insured in the event of a loss.

One who judges the acceptance or rejection of insurance risks on behalf of the insurance company.

In short, one who underwrites. An underwriter decides whether to accept or reject applications based on the insurers written standards, and their own experienced judgment. An agent is often referred to as a ‘field underwriter.'

(1) a company that receives the premiums and accepts responsibility for the fulfillment of the policy contract; (2) the company employee who decides whether or not a particular risk meets the insurance company's underwriting guidelines; (3) the agent who sells the policy.

One who researches and then accepts, rejects, or limits prospective risks for an insurance company.

The insurance company, or group of insurers, that insures you against a particular risk through the issuing of a policy.

an employee of the insurance company who has training and experience in identifying classes of risk and determining appropriate rates.

The person authorized by an insurance company to bind coverage and make changes to policy terms.

An officer or employee of a surety company who has the responsibility for accepting risks.

A person trained in evaluating risks and determining the rates and coverages that will be used for them. An agent, especially a life insurance agent, who might qualify as a "field underwriter." In theory, the agent is supposed to do some underwriting before submitting the case to the home office underwriter; i.e., to make a decision on the basis of facts known to him on whether or not the risk is sound and to report all facts known to him that might affect the risk.

The person the company relies on to rate the insurance risk an applicant will be to the insurer.

A person who reviews and evaluates an application for a loan or insurance policy.

Person or organization that guarantees that money will be available to pay for losses that are insured against. In this sense, the insurance company is the underwriter.

A person who evaluates the risk of default by a mortgage loan applicant, and grants approval or denial of the loan.

The individual whose duty it is to determine the acceptability of insurance risks. A person whose duty it is to select risks for insurance and to determine in what amounts and on what terms the insurance company will accept the risks. Also, an insurer.

An employee of a life insurance company whose job it is to evaluate the insurability and determine the risk classification of persons applying for insurance.

Underwriting is the process an insurance company uses to review an application for life insurance before accepting and issuing an insurance policy. The purpose of this review is to determine the potential degree of risk that a person represents to the life insurance company.

An analyst who reviews the supportive documentation to determine the risk associated with the loan request. The person who gives final loan approval.

A person in an insurers home office whose job is to assess risk and determine the classification of the person applying for insurance.

A person who assesses the eligibility and risk factor of insurance applicants.

A person who decides whether or not a risk is insurable and if so at what premium.

One who accepts or rejects risks for an insurer (originally, by writing the person's name under the contract of insurance being issued).

He/she who performs the analysis of the risk involved in making a loan to a potential home buyer based on credit, employment, assets, and other factors; and the matching of this risk to an appropriate rate and term or loan amount.

A technician trained in evaluating risks and determining rates and coverage for them. Upon application to an insurer, the underwriter gathers the necessary information to determine if the applicant is a preferred, standard or a rated risk.

Person or entity responsible for approving a borrower for a mortgage based on the assessment of the buyer's creditworthiness and risk for the lender.

An investment banker who assumes the risk of bringing a new securities issue to market. The underwriter will buy the issue from the issuer and guarantee sale of a certain number of shares to investors; this is firm-commitment underwriting. To spread the risk of purchasing the issue, the underwriter often will form a syndicate (underwriting group, purchase group) among other investment firms. If the investment firm is unwilling to buy the issue outright, other underwriting forms may be used. (See best-efforts underwriting , syndicate , syndicate manager )

a person who signs as party to a contract. Theoretically means the same as subscriber but is usually only applied to insurance contracts where the underwriters are those who agree to bear all or part of the risk in return for the premium payments. Underwriters at Lloyds of London are also known as "names".

Person who studies risks, determines rates and coverages, and decides if the risk is acceptable.

A securities firm that purchases securities from the issuer and then sells them in an underwritten public offering. The name came from the former practice, where the underwriter became legally obligated to buy the securities at a fixed price, well in advance of selling them to the public. In insurance terms, it underwrote the risk that the securities would not be sold to the public at a price higher than the underwriter agreed to pay the company.

An employee of an insurance company who is a selector of risks. The underwriter is expected to select business that will produce an average risk of loss no greater than anticipated for the class of business. The term may also be an agent or other field representative who is referred to as a "field underwriter".

In insurance companies, an individual responsible for determining which coverages will be made available and on what terms, and how premiums will be set.

one who agrees to compensate another for loss from an insured peril in consideration for payment of a premium.

a person who accepts business on behalf of an insurer.

Company receiving premiums and accepting responsibility for fulfilling the policy contract. Also, company employee who decides whether the company should assume a particular risk.

(Assureur) The insurance company or group that underwrites or insures a particular risk. It is also used as the identification of the individual within the company whose responsibility it is to accept or reject business in the particular line in which they specialize and in this way chooses risks their principals are prepared to underwrite.

The person who assesses and classifies the potential degree of risk that a proposed insured represents.

One who determines the risks to be solicited and plans programs of insurance. The term is also applied to those persons who actually accept or reject risks. Thus an agent is often referred to as a "field underwriter" in contrast to the Regional or Home Office Underwriters.

Someone, such as an employee of a lending institution or mortgage banking company, who reviews an application for a loan and makes a recommendation to a loan committee as to the desirability and risk of the institution making the loan. The underwriting process is an integral part of the lending process.

1) a company that receives the premiums and accepts responsibility for the fulfillment of the policy contract; 2) the company employee who decides whether or not the company should assume a particular risk; 3) the agent who sells the policy.

Insurer who assumes the risk of another's loss and compensates for the loss under the terms of an insurance policy.

Person who decides on the acceptance, insuring conditions and rating of insurance applications.

To assume risk of buying a new issue of securities from the issuing corporation or government entity and reselling it to the public.

The underwriter (insurance company) is an employee of the insurance company and is the individual responsible for reviewing applications and medical histories and accessing the applicants risk to the company. The underwriter is the person that determines the rate class that each applicant will obtain based on the applicant' medical history.

Typically refers to someone who decides whether the insurance company should assume a specific risk. It can also refer to the insurance company receiving payment and accepting the risk.

An employee of a life insurance company who is trained to evaluate the insurability and determine the classification of persons applying for insurance protection.

An individual responsible for evaluating whether or not an insurer should assume a particular risk.

A company that receives premiums and accepts responsibility for the fulfillment of the insurance policy contract; or the company employee who decides whether or not the insurance company should assume a particular risk; or the agent who sells the policy.

an insurer; a person who makes decisions on whether or not to accept insurance business.

A technician trained in evaluating risks and determining rates and coverages for them. The term derives from the practice at Lloyd's of each person willing to accept a portion of the risk writing his name under the description of the risk.

Person who sets the criteria which people or property must meet in order to be insured by a company. Underwriters also review requests for coverage to make sure applicants meet the criteria set. next letter

the most common meaning is an employee of an insurance company who has the responsibility for accepting or rejecting risks and determining in what amounts their insurance should be written, and at what price. Also refers to the insurance carrier that assumes (or "underwrites") the risk. Many independent insurance agencies also have an underwriter position, and this employee is generally involved in pre-qualifying agency clients based on the underwriting criteria of the various insurers the agency represents.

An individual who decides whether or not to accept a risk and calculates the premium to be paid.

An underwriter is an individual distributing securities as an intermediary between the issuer of the security and the buyer. For example, an underwriter may be the agent selling insurance policies or the person distributing shares of a mutual fund to broker/dealers or investors. Generally, the underwriter agrees to purchase the remaining units of the security from the issuer, such as remaining shares of stocks or bonds, if the public does not buy all specified units. An underwriter may also be a company that backs the issue of a contract, agreeing to accept responsibility for fulfilling the contract in return for a premium.

The insurance company; a party assuming risk; the person performing the underwriting function.

A person whose duty it is to select risks for insurance companies or banks and to determine in what amounts and on what terms the insurance company or bank will accept the risks.

Another name for an Insurer.

1) The insurance company or group that underwrites or insures a particular risk. 2) The individual within an insurance company whose responsibility it is to accept or reject business in the particular line in which he/she specializes and in this way chooses risks his/her principals are prepared to underwrite.

The individual trained in evaluating risks and determining rates and coverages for them. Also, an insurer.

Person who approves or denies a loan based on the property and the applicant.

A person who assess applications to see how they comply to lenders criteria.

A professional who approves or denies a loan to a potential homebuyer based on the homebuyer's credit history, employment history, assets, debts and other factors such as loan guidelines.

A person employed by a mortgage lender or mortgage broker who assesses loan applications based upon the following: quality of the real property, credit worthiness and ability to pay of the applicant and guidelines of the lender with regard to ratio of mortgage loan to value of the property.