underwriters

/AH1 N D ER0 R AY0 T ER0 Z/

noun

1
An entity assuming a financial risk.
2
A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.
3
An entity undertaking to market newly issued securities.
“They were the underwriters of the company's shares, but only on a "best efforts" basis.”

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