What context can I use each word in?
Learn when and how to use these words with these examples!
cosigning
Example
I had to ask my parents to cosign my car loan since I didn't have enough credit history. [cosign: verb]
Example
The bank required a cosigner for the loan to ensure that it would be repaid. [cosigner: noun]
underwriting
Example
The underwriting process for the mortgage took longer than expected due to the complex nature of the property. [underwriting: noun]
Example
The investment bank agreed to underwrite the public offering of the company's stock. [underwrite: verb]
Good things to know
Which word is more common?
Cosigning is more commonly used in everyday language than underwriting, as it is a more common practice for individuals seeking loans or credit. Underwriting is more commonly used in the financial industry and is less familiar to the general public.
What’s the difference in the tone of formality between cosigning and underwriting?
Underwriting is typically associated with a more formal and professional tone, as it is a term used in the financial industry. Cosigning can be used in both formal and informal contexts, depending on the situation and relationship between the parties involved.
