Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Underwriter

Several definitions 1) the company that receives the premiums and accepts responsibility for fulfilling the policy contract, (2) the company employee who decides whether or not the company should assume a particular risk or (3) the agent who sells the policy. (4)(Investments) With respect to a mutual fund, the entity responsible for marketing the shares of the fund.
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