Business / Taxes / 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.
Business / Finance / Underwriting Fee: The contract between a corporation issuing new publicly offered securities and the managing underwriter as agent for the underwriting group. Compare to agreement among underwriters. MORE
Health / Health Insurance / Underwriting Manual: A document that provides background information about various underwriting impairments and suggests the appropriate action to take if such impairments exist. MORE