Definition of "underwriting"
  1. Analysis and evaluation of risk level in a loan application by reviewing the applicant's credit history and assessing the worth of the property involved
How to use "underwriting" in a sentence
  1. The mortgage company was rigorous in its underwriting process to avoid lending to high-risk individuals.
  2. The housing bubble was partly caused by lax underwriting standards.
  3. Before approving the loan, the bank conducted an extensive underwriting.

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