Underwriting

Underwriting refers to the process that a large financial service provider (bank, insurer, investment house) uses to assess the eligibility of a customer to receive their products (equity capital, insurance, mortgage, or credit). The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.

Read more about Underwriting:  Securities Underwriting, Risk, Exclusivity, and Reward, Bank Underwriting, Insurance Underwriting

Other articles related to "underwriting":

Stuart Chase - Free Enterprise Into 'X'
... The underwriting of employment by the government, either through armaments or public works ... The underwriting of social security by the government – old-age pensions, mothers’ pensions, unemployment insurance, and the like ... The underwriting of food, housing, and medical care, by the government ...
Mortgage Underwriting In The United States
... Mortgage underwriting in the United States is the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable ... terms that underwriters consider fall under the three C’s of underwriting credit, capacity and collateral ...
Other Forms of Underwriting - Thomson Financial League Tables
... Underwriting activity reported in Thomson Financial League Tables(numbers in $ billion) (number of issues in parentheses) Global Debt, Equity Equity-related ...
Mortgage Underwriting In The United States - Automated Underwriting
... Mac, underwriters will utilize what is called automated underwriting ... to evaluate the aspects of the loan that is beyond the scope of automated underwriting ... that approves the loan, not the automated underwriting ...