Underwriting

{
  "id": "MLC-T-LAW-005043",
  "term": "Underwriting",
  "field": "Law",
  "definition": "The process of evaluating and assuming the financial risk associated with a loan, insurance policy, or securities offering. It involves assessing the creditworthiness of a borrower, the risk profile of an insured, or the marketability of securities. This systematic analysis determines the terms, conditions, and pricing for accepting the risk, such as interest rates or insurance premiums.",
  "url": "https://mlchart.com/terminology/law/underwriting/"
}