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 Philippines' first issuance of $200 million worth of renminbi-denominated panda bonds in China moved a step closer after the government signed the underwriting agreement with Bank of China.
M2 EQUITYBITES-June 27, 2017-XL Catlin signs underwriting agreement with McGowan Companies for workplace violence insurance in USA
Energy Fuels or the Company) is pleased to announce that due to increased demand, it has entered into an amended and restated underwriting agreement (as amended and restated, the Underwriting Agreement) with a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation and Rodman & Renshaw a unit of H.
The Company had entered into an Underwriting Agreement with Patersons Corporate Finance ("PCF") for the first $2 million of the offer to be underwritten by PCF, however due to Market conditions and in accordance with the terms of the Underwriting Agreement the balance will now not be taken up by PCF.
Capivest Bank (Bahrain) and CapCorp Investment Company (Kuwait) have signed an underwriting agreement to invest in AIAP Qatar with an eye on the Kuwaiti market.
Summary: In a strategic move following the launch of AIAP Qatar, CAPIVEST Bank (Bahrain) and CapCorp Investment Company (Kuwait) signed an underwriting agreement targeting the Kuwaiti market to invest in AIAP Qatar, which is a multi-million dollar investment opportunity specialized in transportation, earth movement, and the heavy equipment industry in the State of Qatar.
As required by the underwriting agreement, E agrees not to dispose of any options or stock from May 1-Nov.
announced Monday it has entered into a firm commitment underwriting agreement for the sale of 25 million shares of MGM common stock at a price of $10.
In connection with the transaction, the selling stockholder and the Company have entered into an underwriting agreement with Wachovia Capital Markets, LLC pursuant to which an aggregate of 5,490,000 shares of common stock will be sold by the selling stockholder.
Aureus Mining Inc entered into an underwriting agreement with GMP Securities LP, Clarus Securities Inc and Numis Securities Ltd to raise gross proceeds of GBP9 million while International Finance Corp is planning a separate investment of GBP6.