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underwritingmore about underwriting

underwriting


  2  definitions  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Underwrite  \Un`der*write"\,  v.  t.  [imp.  {Underwrote},  Obs. 
  {Underwrit};  p.  p.  {Underwritten},  Obs.  {Underwrit};  p.  pr  & 
  vb  n.  {Underwriting}.] 
  1.  To  write  under  something  else;  to  subscribe. 
 
  What  addition  and  change  I  have  made  I  have  here 
  underwritten.  --Bp. 
  Sanderson. 
 
  2.  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.  --B.  Jonson 
 
  The  broker  who  procures  the  insurance  ought  not  by 
  underwriting  the  policy,  to  deprive  the  parties  of 
  his  unbiased  testimony.  --Marshall. 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Underwriting  \Un"der*writ`ing\,  n. 
  The  business  of  an  underwriter, 




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