underwriter

CEFRC1

/ˈʌndəˌrraɪtər/

noun

Türkçe translations

Translating…

In plain English

  1. 01

    noun

    A person or company that evaluates and accepts financial risk.

  2. 02

    noun

    Extra detail

    A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.

Examples

  • An underwriter is a person or firm that accepts a liability for a fee.

  • The insurance underwriter assessed the risks of the new policy.

At a glance

Sits at C1 on the CEFR scale

Senses
4
Parts of speech
1

Deep Dive

noun

Extra meanings

  1. An entity undertaking to market newly issued securities.

  2. An entity assuming a financial risk.

More examples

In context

  • The underwriter evaluated the risk before the insurance policy was issued.

  • They were the underwriters of the company's shares, but only on a "best efforts" basis.

Quick test

Two questions on this entry. Nothing is scored.

Question 1 · Quick check

The blank carefully evaluated the potential risk before issuing the insurance policy.

Practise this properly in the app, where the word comes back before you forget it.

Nearby

Origin

noun

From underwrite + -er.