underwriteˌʌn dərˈraɪt, ˈʌn dərˌraɪt
underwrite (v)
- present
- underwrites
underwrite (v)
- present
- underwrites
- past
- underwrote
- past participle
- underwritten
- present participle
- underwriting
English Definitions:
underwrite, subvention, subvent (verb)
guarantee financial support of
"The opera tour was subvented by a bank"
cover, insure, underwrite (verb)
protect by insurance
"The insurance won't cover this"
underwrite (Verb)
To write below or under; subscribe.
underwrite (Verb)
To subscribe (a document, policy etc.) with one's name.
underwrite (Verb)
To sign; to put one's name to.
underwrite (Verb)
To agree to pay by signing one's name; subscribe.
underwrite (Verb)
Specifically, to assume financial responsibility for something, and guarantee it against failure.
underwrite (Verb)
To act as an underwriter.
underwrite (Verb)
To support, lend support to, guarantee the basis of.
underwrite (Verb)
To submit to; put up with.
underwrite
Underwriting (UW) services are provided by some large financial institutions, such as banks, insurance companies and investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issues of security in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter.
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"underwrite." Kamus.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.kamus.net/english/underwrite>.
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