Word
underwriting
Phoneticsun·der·writ·ing, stress on the first syllable
US/ˈəndɝˈɹaɪtɪŋ/
UK/ˌʌndəɹˈaɪtɪŋ/
Definitions
01risk assessment
C1 · Advanced Uncountable noun Law Technical
n. the process of checking if a person or project is a safe risk before giving insurance or a loan.
n. the formal process of evaluating the risk of a potential client or project to determine coverage, pricing, or creditworthiness.
“The bank's underwriting process took two weeks because they had to check my credit history.”
“Strict underwriting standards were implemented to ensure that the insurance firm remained solvent during the economic downturn.”
Usage
Often used as an uncountable noun in business contexts.
Synonyms
02financial backing
C1 · Advanced Uncountable noun Science Technical
n. the act of agreeing to pay for something or support a new business deal.
n. the act of providing a financial guarantee or backing for a new issue of securities or a large-scale project.
“The company secured the underwriting for their new project from a major investment bank.”
“The investment bank provided the underwriting for the initial public offering, agreeing to purchase any shares that remained unsold to the public.”
Usage
Commonly appears in the context of IPOs and large corporate contracts.
Synonyms
Real-World Examples
“The representative said businesses located near tobacconists may still be eligible, with underwriting decisions based on a range of factors, including the nature of the business and location-specific risks.” - Exam level
- CambridgeCambridgeCambridge English QualificationsThe exam suite from Cambridge University Press & Assessment, from A1 Movers up to C2 Proficiency. The benchmark names double as CEFR labels.C1 AdvancedIELTSIELTSInternational English Language Testing SystemThe 0–9 band test co-owned by the British Council, IDP, and Cambridge. Used for university entry, work, and migration.7.0–8.0TOEFL iBTTOEFL iBTTest of English as a Foreign Language, Internet-Based TestETS's academic English test, the standard route for US university admissions. Scored 0–120, with a 1–6 scale since 2026.1–6 scale: 5.0–5.595–113TOEICTOEICTest of English for International CommunicationETS's workplace English test, big in Japan and Korea. Listening & Reading scores 10–990 and tops out at C1.945–990
- Frequency
- Occasional
- Level
- C1 · Advanced
- Updated
- アルファベット
- 読み方の一覧 →
QR code
englishreference.com/q/underwriting