Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

underwrite

Read a random definition: adoptability

A quick definition of underwrite:

Underwrite: When someone agrees to invest money in something, like a loan, insurance, or securities, they are taking a risk. They hope to make a profit, but they could also lose money. For example, when you borrow money, the person lending it to you is underwriting the risk that you might not pay it back. When you buy insurance, the company is underwriting the risk that something bad might happen to you. And when you invest in stocks or bonds, you are underwriting the risk that their value might go down instead of up.

A more thorough explanation:

Definition: Underwrite means taking on financial risk in the hope of making a profit. It can refer to different types of financial investments, such as loans, insurance, and securities.

Examples:

  • Loans: When someone lends money to another person, they are underwriting the risk that the borrower may not pay back the loan. The lender hopes to make a profit by charging interest on the loan.
  • Insurance: Insurance companies underwrite the risk that their policyholders may suffer losses or damages. They hope to make a profit by charging premiums that are higher than the amount they pay out in claims.
  • Securities: Investors may underwrite the risk of buying stocks or bonds, hoping that the value of these securities will increase over time and they can sell them for a profit.

These examples illustrate how underwriting involves taking on financial risk in the hope of making a profit. In each case, the investor or lender is willing to risk losing money in exchange for the possibility of earning a return on their investment.

undersecured debt | Underwriter

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
JumpySubsequentDolphin
17:26
thanks back to my regularly scheduled programming (counting down the minutes until polls close)
so just to confirm, date change is not a requirement for umich A?>
JumpySubsequentDolphin
17:30
maybe they date change will come later?
JumpySubsequentDolphin
17:30
when did you go complete
mid sept
1a2b3c4d26z
17:38
Lol I dont think anyone has any idea, I got a date change but was crickets on the last wave
1a2b3c4d26z
17:38
It's a big black box and the best we can do is try our best and forget the rest yaknow
1a2b3c4d26z
17:39
Thx for coming to my ted talk
shaquilleoatmeal
17:40
anyone apply to bu and if so do you have a sub status ??
JumpySubsequentDolphin
17:42
@1a2b3c4d26z: did you pick a color
1a2b3c4d26z
17:43
wdym
1a2b3c4d26z
17:43
OH
1a2b3c4d26z
17:43
Purple
@shaquilleoatmeal: yeah both my status and substatus say application complete
1a2b3c4d26z
17:44
I discreetly asked her which color she liked best when the new ones dropped and she said purple, I just wanted to hear second opinions
shaquilleoatmeal
17:44
@Eminatorcookieeater: same and my sub status was blank yesterday - trying to research what it means
@shaquilleoatmeal: ooo I wonder what that means, hopefully it means we'll hear back soon
shaquilleoatmeal
17:48
It looks like an update to the sub status (it saying complete instead of being blank) means some sort of review has happened - basically a UR2. Seems like those who got a substatus change got a decision a few days after...
shaquilleoatmeal
17:50
slightly helpful! Not much info on the substatus changes for BU though
i don't have a sub status but i was only marked complete like two weeks ago
cause they wanted me to send another transcript
is that wake forest a from last cycle i am so confused
shaquilleoatmeal
17:51
@jackfrost11770: oo interesting - I first went complete 10/25 and now the sub 11/5
shaquilleoatmeal
17:51
wonder if they'll ask for me for more info but can't think of what it would be
17:54
berk…..
shaquilleoatmeal
17:58
what about berk
18:01
i need wave
shaquilleoatmeal
18:04
call them and demand one
LSD+ is ad-free, with DMs, discounts, case briefs & more.