Definitions (2)

1. An investment bank that acts as an intermediary between the issuing company and the investors who purchase the company's debt instruments and/or stock at the Initial Public Offering (IPO). The underwriter buys the newly issued securities from the company and sells them to investors on the secondary market through a stock exchange.
2. An issuer of insurance policies.

Use underwriter in a sentence

You may want to try and have a good contact that is an underwriter so that you can get the most out of them.

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The underwriter was able to carefully examine the terms of the insurance agreement to verify all things are in order.

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When my company went public my boss put me in charge of finding an investment bank that could act as an underwriter for our stock issuance.

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house of issue Lloyd's syndicate