underwriter
8
8.3
- noun
- /ˈʌndərˌraɪtər/
- Specialized
:
banco de inversión
- The major New York commercial bankers had looked on the underwriters with envy for years.
- lead underwriter
- bank underwriter
- bond underwriters
With a direct listing, no new shares are created and only existing outstanding shares are sold with no underwriters involved.
- With a direct listing, no new shares are created and only existing outstanding shares are sold with no underwriters involved.
- The price where the underwriters feel that demand adequately covers the issuer's supply is known as the offer price.
Examples
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The stock then recovered as IPO underwriters stepped in to support its price, according to reports.
Blog text (27) -
The Green Shoe option is what gives the underwriters the backing to short the stock.
Blog text (19) -
And no one underwriter, no one investment bank has has them all.
-
In any case, the underwriters sold more shares than they initially bought.
Blog text (19) -
With a direct listing, no new shares are created and only existing outstanding shares are sold with no underwriters involved.
-
Apollo Systems, the market leader in the emerging technology of mobile delivery systems will be choosing a lead underwriter sometime this week.
-
The price where the underwriters feel that demand adequately covers the issuer's supply is known as the offer price.
-
In order to make the underwriters' participation in this enterprise of any value to the investors, the underwriters must make some reasonable attempt to verify the data submitted to them.
Academic text (2016) -
Quirk said it's likely that Facebook's stock was accurately priced by underwriters, and therefore didn't see a first-day "pop."
Blog text (27) -
The underwriter evaluated the company's financial statements before approving the loan.
Synonyms
37
5.8
A person who helps companies get money and gives advice on big company deals
Compounds
- Specialized
1
6.6
A company that decides whether to accept risks and sells insurance to protect people or businesses
How Committed
- Formal
7
6.5
- Specialized
8
8.3
362
3.7
73
3.0
715
3.1
Surface Forms
Morphology
underwriter = underwrite (semi-transparent) = under + write + er
The structure (under + write + -er) is clear, but the specialized financial meaning 'to guarantee/finance securities' is idiomatic and not directly inferable from the components.
Etymology
Underwriter in finance has the same origin: it began with people signing under a deal (think under- 'below' and write 'to sign') to show they would guarantee it or buy new shares if needed. That's why a modern underwriter is a bank or company that takes financial risk for a fee.