Underwriting
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Debt & Equity underwriting
Debt and equity underwriting is the concept of securing the sale of a new issue of stocks or bonds. If a firm has taken the risk and responsibility to sell a specific amount of securities, and it can't sell them as planned, they may have to buy them themselves.
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Insurance underwriting
Underwriting may also refer to insurance; the electrical safety organization Underwriters Laboratories was founded by a group of insurers after watching the House of Electricity on a local fairground destroyed by fire due to faulty wiring.
Underwriting may also refer to financial sponsorship of a venture.
