If an institution or company underwrites an activity or underwrites the cost of it, they agree to provide any money that is needed to cover losses or buy special equipment, often for an agreed fee. The government will have to create a special agency to underwrite small business loans
To agree to buy an issue of securities on a given date at a specific price or to agree to buy an issue of securities of an issue, thus assuming the liability of guaranteeing the issuer the full anticipated proceeds
Insurance: To assume risk in exchange for a premium Investments: To assume the risk of buying a new issue of securities from the issuing corporation or government entity and reselling them to the public, either directly or through dealers
To subscribe one's name to for insurance, especially for marine insurance; to write one's name under, or set one's name to, as a policy of insurance, for the purpose of becoming answerable for loss or damage, on consideration of receiving a certain premium per cent; as, individuals, as well as companies, may underwrite policies of insurance
to guarantee to buy, or find buyers for, a security issue; to take on the risk of paying for losses in accordance with the conditions of an insurance contract
To agree to buy an Issue of securities on a given date at a specific price or to agree to buy unsubscribed securities of an Issue, thus assuming the liability of guaranteeing the Issuer the full anticipated proceeds
The process to evaluate the insurance application and independent sources, to verify the information provided, and to determine the acceptability of the risk
{f} give one's signature and thus receive liability; financially sponsor, support through donations; guarantee the sale of shares (Finance); provide insurance; write underneath or at the end of (a document)
The function performed by investment banks when they help companies issue securities to investors Technically, the investment bank buys the securities from the company and immediately resells the securities to investors for a slightly higher price, making money on the spread