Health / Health Insurance / Underwriter: The company that assumes responsibility for the risk, issues insurance policies and receives premiums.
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Business / Finance / Lead Underwriter: The head of a syndicate of financial firms that are sponsoring an initial public offering of securities or a secondary offering of securities. Could also apply to bond issues. MORE
Business / Finance / Managing Underwriter: The leading firm in an underwriting group, which originates the deal and acts as an agent for the group. MORE
Business / Finance / Agreement Among Underwriters: A contract amoung participating members of a syndicate that defines the members' proportionate liability, which is usually limited to and based on the participants' level of involvement. The contract MORE
Business / Construction / UL (Underwriters Laboratories): An independent testing agency that checks electrical devices and other components for possible safety hazards. MORE
Technology / Motors / Underwriters Laboratory (UL): An independent testing organization which examines and tests devices, systems and materials with particular reference to life, fire and casualty hazards. It develops standards for motor and control fo MORE
Business / Finance / Yield Curb: A municipal bond financing method. Underwriters in advance refundings add large markups on U.S. Treasury bonds bought and held in escrow to compensate investors while waiting for repayment of old bond MORE