underwrite (EN)verb
verb “underwrite”
infinitive underwrite ; he underwrites ; past tense underwrote ; past part. underwritten ; ger. underwriting
- to agree to be responsible for any losses if something fails; to provide a financial guarantee Sign up to see the translation of definitions and examples into any language.The government decided to
underwrite the cost of the new bridge to ensure its completion. - (finance) to guarantee the sale of new securities by purchasing them for resale The bank
underwrote the company's initial public offering, buying all the shares before selling them to investors. - (insurance) to accept liability for potential losses in an insurance policy in exchange for a premium The insurer
underwrote the homeowner's policy, covering damages from fire and theft.