Definition of “monoline insurer” - English Dictionary

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“monoline insurer” in Business English

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monoline insurernoun [ C ]

uk us also monoline FINANCE, STOCK MARKET, INSURANCE

a company that offers insurance against bonds not being paid back:

Home-equity loan asset-backed issuers routinely use insurance guarantees from monoline insurers.

(Definition of “monoline insurer” from the Cambridge Business English Dictionary © Cambridge University Press)