underwriter ? (1) in real estate lending, underwriters determine the acceptability of a borrower?s loan application and determine the loan amount, rate, and terms for which the applicant qualifies; (2) in insurance, underwriters price insurance policies according to their analysis of the risks involved; (3) in financial securities, underwriters price securities (stocks, bonds, limited partnerships) according to perceived risk and then bring the securities to market.

© 2004 Bella Vista Publishing Company, Inc.  ISBN 0-9718225-0-6

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