Definition of Underwrite
Underwrite
un·der·write
Definition/Meaning
(verb)
to sign and accept a risk or liability under an insurance policy, in order to guarantee payment in the event of damage or loss;
e.g. The company agreed to underwrite all of the costs of any potential repairs.
(verb)
to guarantee that one will financially support some project, including bearing the losses in the event of failure;
e.g. They couldn't find anyone to fund or underwrite their undertaking.
(verb)
(old) to write something underneath something else, to write something below other written matter, especially at the end of a document;
e.g. They were asked to underwrite their reasoning for making the decision they had.
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