单词 | underwriting |
释义 | underwritingun·der·writeU0062900 (ŭn′dər-rīt′)underwriting(ˈʌndəˌraɪtɪŋ)underwritingunderwritingHealth insurance The process of determining a person's insurability in terms of life, liability, home, and other insurance policies and whether it will accept an application for insurance. See Field underwriting, Medical malpractice underwriting.UnderwritingUnderwritingUnderwriting2. Due diligence a lender conducts to ensure that a potential borrower is able to repay the loan. Underwriting.Underwriting means insuring. An insurance company underwrites your policy when it agrees to take the risk of insuring your life or covering your medical expenses in exchange for the premium you pay. An investment bank underwrites an initial public offering (IPO) or a bond issue when it buys the shares or bonds from the issuer and takes the risk of having to sell them to individual or institutional investors to recover its investment. underwritingthe acceptance by a financial institution of the financial risks involved in a particular transaction, for an agreed fee. For example, INSURANCE COMPANIES underwrite INSURANCE risks such as damage to property paying out monies to policy holders wholly or in part to cover bona fide claims for compensation; MERCHANT BANKS underwrite new SHARE ISSUES, guaranteeing to buy up any shares that are not sold in the open market, and BILLS OF EXCHANGE. See LLOYDS, EXPORT CREDIT GUARANTEE DEPARTMENT.underwritingthe acceptance by a financial institution of the financial risks involved in a particular transaction for an agreed fee. For example, INSURANCE COMPANIES underwrite INSURANCE risks such as damage to property, paying out monies to policy holders wholly or in part to cover bona fide claims for compensation; MERCHANT BANKS underwrite new SHARE ISSUES, guaranteeing to buy up any shares that are not sold in the open market.UnderwritingThe process of making a final determination on approval or rejection of a loan application. Underwriting involves verifying the information that has been obtained from the borrower and that served as the basis for qualification, as well as assessing information on the applicant's credit worthiness. |
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