underwriting

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Related to Underwriting agreement: underwritings

un·der·write

 (ŭn′dər-rīt′)
v. un·der·wrote (-rōt′), un·der·writ·ten (-rĭt′n), un·der·writ·ing, un·der·writes
v.tr.
1.
a. To assume financial responsibility for; agree to pay the costs of: underwrite a theatrical production.
b. To supply with funding, especially as a sponsor: underwrite a public television show.
2.
a. To sign (an insurance policy) so as to assume liability in case of specified losses.
b. To insure.
c. To insure against losses totaling (a given amount).
3.
a. To guarantee the purchase of (a full issue of stocks or bonds).
b. To agree to buy the unsold part of (stock not yet sold publicly) at a fixed time and price.
4.
a. To write under or at the end of something.
b. To subscribe to, especially to sign or endorse (a document).
5. To support or agree to (a decision, for example).
v.intr.
To act as an underwriter, especially to issue an insurance policy.

underwriting

(ˈʌndəˌraɪtɪŋ)
n
1. (Banking & Finance) finance the act of undertaking to purchase at an agreed price any unsold portion of a public issue of shares etc
2. (Banking & Finance) the act of accepting financial responsibility for a commercial project or enterprise
3. (Insurance) insurance the act of signing and issuing an insurance policy, thus accepting liability if specified losses occur
4. (Insurance) insurance the act of insuring a property or risk
5. (Insurance) insurance the act of accepting liability up to a specified amount in an insurance policy
References in periodicals archive ?
The company has operations in Liberia and Cameroon and as part of the underwriting agreement, it will sell 33.
We at CapCorp wanted to emphasise our faith in this investment opportunity by signing an underwriting agreement with Capivest,' said CapCorp deputy chief executive officer Alaa Al Roumi.
Capivest and capcorp sign an underwriting agreement in Kuwait for aiap Qatar
Additional Holding: The amount of E's compensation income is determined without regard to the stock-transfer restrictions imposed by the underwriting agreement and the insider trading compliance program.
Under the terms of the Underwriting Agreement, the Lead Underwriters, as representatives of the underwriters named in the Underwriting Agreement agreed to subscribe 5 million ADSs from the Company, and purchase 5 million ADSs from the Selling Shareholders, in each case at a price of $18.
The Underwriting Agreement contains customary conditions including
17 /PRNewswire/ -- Meadowbrook (NYSE: MIG) has agreed to a five year joint underwriting agreement with Connecticut Surety Corporation.
The offering is scheduled to close on Wednesday, October 4, 2006, subject to customary closing conditions contained in the underwriting agreement entered into among Omni and the underwriters.