Home > Term: underwriter
underwriter
Investment bank that, singly or as a member of a syndicate or underwriting group, agrees to purchase a new issue from the issuer and distribute it to investors.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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Creator
- MJ63
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(Gold) 1300 points - 100% positive feedback
