UNDERWRITER


Meaning of UNDERWRITER in English

A party that guarantees the proceeds to the firm from a security sale, thereby in effect taking ownership of the securities. Or, stated differently, a firm , usually an investment bank , that buys an issue of securities from a company and resells it to investors .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.