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General Finance
Industry: Financial services
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General Finance
underwriting income
Financial services; General Finance
For an insurance company, the difference between the premiums earned and the costs of settling claims.
underwriting spread
Financial services; General Finance
The income that is generated by the underwriting syndicate and the selling group, which is essentially the difference between the amount paid to the issuer of securities in a primary distribution and ...
underwriting syndicate
Financial services; General Finance
A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: Lead underwriter.
undigested securities
Financial services; General Finance
Newly issued securities that are not purchased because of lack of demand during the initial public offering.
unearned income (revenue)
Financial services; General Finance
Income received in advance of the time at which it is earned, such as prepaid rent.
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