Question

Which among the following is the act of taking on a risk for a fee -

Q: Answer-&lt;p&gt;Which among the following is the act of taking on a risk for a fee -&lt;/p&gt;

Underwriting, in finance, is when individual or an institution undertakes the risk associated with a venture, an investment, or a loan in lieu of a premium. Underwriters are found in banking, insurance, and stock markets. The nomenclature underwriting came about from the practice of having risk takers to write her name below the total risk that she undertakes in return for a specified premium in the early stages of the industrial revolution.