underwriting
- noun
- /ˈʌndərˌraɪtɪŋ/
- Archaic
:
firma
- Perhaps the bill that regulated banks from asking certain underwriting questions led to Fannie/Freddie Mae buying back the bad loans from the originator of the loan.
Examples
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The historical documents revealed that the underwriting practices of the time were crucial in determining the liability for maritime disasters.
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In addition, uniform national technical standards were written for land planning, structural standards, mortgage credit, and underwriting.
Academic text (1993) -
As a result, firms are going to have to pay increasing attention to liability underwriting, and firms without tight controls inside will find it difficult to get.
Academic text (1994) -
And I am Cass Hansa, former Group Head Underwriting and Claims at Continental RE.
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And I am Cass Hansa, former Group Head Underwriting and Claims at Continental RE.
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I take this opportunity, as I would any fitting occasion, to sing the praise of both parties and to thank the Menil Foundation for its many courtesies, past, present, and promised, including the underwriting of the cost of the (post-cleaning) color foldout and plate.
Academic text (1992) -
The board of directors met to discuss the underwriting of the new insurance policy that would protect homeowners from natural disasters.
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Before proceeding with the project, the investors required detailed underwriting to ensure the risks were fully understood and accepted.
How Binding
Surface Forms
Morphology
underwriting = underwrite (semi-transparent) = under + write + ing
The noun is a regular -ing nominalization of the verb 'underwrite'.
Etymology
Underwriting originally meant writing your name below a paper to accept a promise or responsibility. The parts under- ('below') and write ('to sign') explain why it came to mean formally accepting liability by signing.