Outrageously Funny Word Dictionary :: Underwritten

👉 In finance, a "underwritten" bond refers to a type of bond that is issued by a company and backed by its own capital. This means that the company itself will contribute funds towards the purchase or construction of the bond, rather than relying on investors to provide the money. Underwriting typically involves several steps: 1.

Investor Research

: The company conducts extensive research to understand the potential risks and rewards associated with issuing the bond. 2.

Underwriting Decision

: Based on this research

underwritten