noun
US/ˈʌn.dər.raɪ.tɪŋ/
UK/ˈʌn.də.raɪ.tɪŋ/
the work of an insurer or bank that agrees to cover the financial risk of something
In context
Underwriting a loan means checking whether the borrower can pay it back.
Short entry. Full notes coming.
the work of an insurer or bank that agrees to cover the financial risk of something
Underwriting a loan means checking whether the borrower can pay it back.
Short entry. Full notes coming.