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Underwriter

ˈʌndəˌrʌɪtə

Underwriter definitions
noun
underwriter underwriters
  1. a person or company that underwrites an insurance risk

    "none of the five main British insurance underwriters would be willing to offer cover"

  2. a bank or other financial institution that pledges to buy all the unsold shares in an issue of new shares

    "the issues are guaranteed success as the underwriters will buy whatever is not snapped up by the market"

    • a person or company that undertakes to finance or otherwise support or guarantee something

      "a major underwriter of the project"