ORIGINATOR Meaning and
Definition
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Originator (noun):
1. A person, entity, or creator who originates or initiates something, such as an idea, theory, concept, invention, or work of art. The originator is regarded as the source or progenitor that first conceptualizes or brings forth the new creation. They are typically recognized for their innovative thinking, creativity, and ability to introduce novel ideas that shape or influence various fields of study or industries.
2. In the context of finance, an originator refers to an individual or company that is the initial party responsible for structuring and establishing a financial transaction, typically involving loans or mortgages. The originator is responsible for initiating the loan process by gathering essential information from borrowers, evaluating their creditworthiness, and creating the terms and conditions of the loan agreement. They may subsequently transfer the loan or mortgage to other entities, such as banks or financial institutions, who then manage the ongoing administration and ownership of the loan.
Overall, the term "originator" can refer to a wide range of contexts, primarily underscoring the person or entity that originates or produces something new, whether it be an idea, invention, concept, or financial transaction. Owing to their pioneering nature and ability to introduce originality, originators play a pivotal role in advancing knowledge, creativity, and progress in various domains.
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Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Top Common Misspellings for ORIGINATOR *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for ORIGINATOR
Etymology of ORIGINATOR
The word "originator" is derived from the Latin word "originātor", which is formed from the root word "origo" meaning 'beginning' or 'source.' The suffix "-tor" is added to indicate someone or something that performs or does something. Therefore, the etymology of "originator" can be traced back to Latin, indicating someone who initiates, creates, or establishes something.
Similar spelling words for ORIGINATOR
- organisation,
- organ donor,
- oregonian,
- organiser,
- origination,
- originate in,
- originality,
- originate,
- original,
- organizer,
- originally,
- original sin,
- originalism,
- organist,
- oregano,
- organization,
- organ stop,
- Oregon Alder,
- organza,
- Oregon Ash,
- originative.
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