underwriter An intermediary between an issuer of a security and the investing public, usually an investment bank. Also, an issuer of insurance policies. see also Agreement Among Underwriters, Chartered Life Underwriter, dated date, bond circular, prospectus, distribution capability, firm commitment offering, best efforts offering, direct placement, intermediary, issue, lead underwriter, preliminary official statement, preliminary prospectus, road show, stabilization, standby commitment, underbanked.
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