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2007-09-27 21:12:20 · 1 answers · asked by Mihir V 1 in Business & Finance Renting & Real Estate

1 answers

Underwriting is understanding the risks (statistical, math based risk) involved with something.

A security is an investment vehicle.

Underwriting of a security is understanding (and pricing) the risks involved with an investment.

2007-09-28 01:57:52 · answer #1 · answered by Rush is a band 7 · 0 0

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