To provide a guarantee that all the shares of an initial public offering or issuance of stock will be purchased by the public or covered by an underwriter. A guarantee of an investment. … [Read more...] about UNDERWRITE
U
UNDERINSURANCE
When an insured person does not have sufficient coverage to meet the needs of damages that result from an accident or for coinsurance requirements. … [Read more...] about UNDERINSURANCE
UNDERWRITER
(A) insurances. One who signs a policy of insurance, by which he becomes an insurer. 2. By this act he places himself as to his responsibility, in the place of the insured. He may cause a re-insurance to be made for his benefit; and it is his duty to act with good faith, and, without quibbling, to pay all just demands against him for losses. (B) An insurer, a person or entity … [Read more...] about UNDERWRITER
UNDERINSURED
A person who does not have adequate insurance coverage to meet the needs of damages or loss that stem from an accident or who cannot meet a requirement of co-insurance. … [Read more...] about UNDERINSURED
UNCIA AGRI, UNCIA TERRAE
These phrases often occur in the charters of the British kings, and signify some measure or quantity of land It is said to have been the quantity of twelve modii; each modius being possibly one hundred feet square. Jacob. … [Read more...] about UNCIA AGRI, UNCIA TERRAE
