Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Underwriting

Read a random definition: Defense Contract Management Agency

A quick definition of Underwriting:

Underwriting is when someone agrees to take on the risk of insuring something, like a person's life or a piece of property. It can also refer to when someone agrees to buy a portion of a new investment that is being offered to the public.

A more thorough explanation:

Definition: Underwriting is the process of taking on a risk by providing insurance coverage for it. This can include insuring things like property or a person's life. It can also refer to the act of agreeing to purchase all or part of a new issue of securities that will be offered for sale to the public.

Examples:

  • When you buy car insurance, the insurance company is underwriting the risk of you getting into an accident and having to pay for damages.
  • A life insurance policy is a form of underwriting, as the insurance company is taking on the risk of having to pay out a death benefit if the policyholder passes away.
  • Investment banks often act as underwriters for companies that are issuing new stocks or bonds. The underwriter agrees to purchase the securities from the company and then sells them to investors.

The examples illustrate how underwriting involves assuming a risk and providing financial protection against potential losses. In the case of insurance, the underwriter is taking on the risk of having to pay out a claim if something goes wrong. In the case of securities underwriting, the underwriter is taking on the risk of having to hold onto securities that may not sell as well as expected.

Underwriter | undisclosed principal

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
Dkk
19:42
Maybe, didnt happen last time.
19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
LSD+ is ad-free, with DMs, discounts, case briefs & more.