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Technical Analysis - Financial Glossary
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Underwriter | |||||||||||||
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An underwriter is an individual distributing securities as an intermediary between the issuer of the security and the buyer. For example, an underwriter may be the agent selling insurance policies or the person distributing shares of a mutual fund to broker/dealers or investors. Generally, the underwriter agrees to purchase the remaining units of the security from the issuer, such as remaining shares of stocks or bonds, if the public does not buy all specified units. An underwriter may also be a company that backs the issue of a contract, agreeing to accept responsibility for fulfilling the contract in return for a premium. | |||||||||||||
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Traders Floor | Index Trading | Technical Analysis |
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