underwritings
Financial backing agreements
Underwritings are instances of financial guarantees or risk assumptions.
In insurance, each underwriting is an insurer's agreement to cover a policy.
In securities, underwritings are commitments by banks to purchase and resell new stock or bond issues: The firm handled three major underwritings this quarter.
The plural emphasizes discrete transactions rather than the general practice.
Promises ensuring specific outcomes
- sponsorshipFunded endorsement arrangement
- backingAid or sponsorship
- fundingSupplying monetary resources
- capitalizationUsing big letters properly
commitment · obligations · collateral · creditworthiness · covenant · principal · surety · bonding
Adopted courses of action
- premiumsPayments for insurance coverage
- risk assessmentEvaluating likelihood of harm
- coverageExtent of inclusion
- actuarialOf risk calculation
claims · liability · indemnity · reinsurance · Lloyd's · casualty · property · marine
First public stock offering
- prospectusFormal investment disclosure document
- syndicateCombined group pursuing shared interest
- allocationDistribution of shares
- pricingEstablishing monetary amounts charged
flotation · roadshow · due diligence · stabilization · tombstone · equity · debt · placement
Formal permission granted
- endorsementFormal expression of support
- sanctionApproval or punitive measure
- certificationAttestation of qualification
- validationConfirming truth or accuracy
acceptance · confirmation · ratification · consent · clearance · vetting · qualification · eligibility
guarantees
Promises ensuring specific outcomes
- sponsorshipFunded endorsement arrangement
- backingAid or sponsorship
- fundingSupplying monetary resources
capitalization · commitment · obligations · collateral · creditworthiness · covenant · principal · surety · bonding · fiduciary
policies
Adopted courses of action
- premiumsPayments for insurance coverage
- risk assessmentEvaluating likelihood of harm
- coverageExtent of inclusion
actuarial · claims · liability · indemnity · reinsurance · Lloyd's · casualty · property · marine · catastrophe
IPO
First public stock offering
- prospectusFormal investment disclosure document
- syndicateCombined group pursuing shared interest
- allocationDistribution of shares
pricing · flotation · roadshow · due diligence · stabilization · tombstone · equity · debt · placement · subscription
authorization
Formal permission granted
- endorsementFormal expression of support
- sanctionApproval or punitive measure
- certificationAttestation of qualification
validation · acceptance · confirmation · ratification · consent · clearance · vetting · qualification · eligibility · criteria
underwritingsclaims
Statements of truth
payouts · losses · defaults · indemnifications · declinations
- loan underwritingAssessing borrower creditworthiness