monoline insurer Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “monoline insurer” in the English Dictionary

"monoline insurer" in Business English

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monoline insurernoun [C]

uk   us   (also monoline) FINANCE, STOCK MARKET, INSURANCE
a ​company that ​offersinsurance against ​bonds not being ​paid back: Home-equity ​loan asset-backed issuers ​routinely use ​insuranceguarantees from monoline ​insurers.
(Definition of monoline insurer from the Cambridge Business English Dictionary © Cambridge University Press)
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