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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In addition to the public offering, which was announced Tuesday, the video game giant will give underwriters a 30-day option to purchase up to an additional $150 million of shares. Jennifer Maas, Variety, 20 May 2025 Funny enough, Reuters reported shortly after the interview that the U.S. corporate travel and expense company Navan has hired underwriters for an IPO that could value the company at more than $8 billion. Jeff Marks, CNBC, 8 May 2025 This year’s lead underwriter so far is Cantor Fitzgerald, the financial services firm formerly led by U.S. Commerce Secretary Howard Lutnick. Luisa Beltran, Fortune, 1 July 2025 Online banking stock Chime soared in its Nasdaq debut after also pricing above the range that underwriters had marketed. Alex Harring, CNBC, 17 June 2025 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

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Cite this Entry

“Underwriter.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/underwriter. Accessed 20 Jul. 2025.

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.

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