Underwriting Standards Law and Legal Definition
Underwriting standards are guidelines by which a loan is analyzed to ensure that it meets credit standards and that the terms and conditions of a loan are appropriate to its risk and maturity. It helps to set benchmarks for how much debt may be issued to a person, the terms of the loans, how much debt a specific company is willing to issue, and what interest rates will be charged.
Legal Definition list
Related Legal Terms
- 3-A Sanitary Standards and Accepted Practice
- Accounting Professional Standards
- Adjusted Underwriting Profit
- Advanced Life Underwriting
- Advertising Standards
- American National Standards Institute
- American Zoo and Aquarium Association (AZA) Accreditation Standards
- Anthracite Standards Law
- Area Standards Picketing
- Associate in Underwriting
