verb (used with object), un·der·wrote, un·der·writ·ten, un·der·writ·ing.
- to write one's name at the end of (a policy), thereby becoming liable in case of certain losses specified in the policy.
- to insure.
- to assume liability to the extent of (a specified sum) by way of insurance.
- to select or rate (risks) for insurance.
verb (used without object), un·der·wrote, un·der·writ·ten, un·der·writ·ing.
Words nearby underwrite
Origin of underwrite
Examples from the Web for underwrite
The Rockefellers were not going to underwrite a museum that promoted communism.
Of course, plenty of countries are willing to underwrite that expense.Will Saudi Arabia Execute Guest Workers for 'Witchcraft'?|Michael Schulson|March 29, 2014|DAILY BEAST
As heroes, those who serve and sacrifice embody the virtues that underwrite American greatness.
The English issuing house sends round a stockbroker to underwrite the loan.International Finance|Hartley Withers
(Mr. Grierson's eye fell on me), "and sell it out to the public, if you underwrite it, for two million or so."A Far Country, Complete|Winston Churchill
Ascher, Stutz & Co. will underwrite the new issues and take three and one-half per cent.Gossamer|George A. Birmingham
On learning that we were intending to enter Hudson Straits, the agent refused to underwrite us: it was too ugly a risk.Left on Labrador|Charles Asbury Stephens
Is it all right for us to underwrite the stock ourselves at half price?Tutt and Mr. Tutt|Arthur Train
British Dictionary definitions for underwrite
verb -writes, -writing, -wrote or -written (tr)
- to sign and issue (an insurance policy) thus accepting liability if specified losses occur
- to insure (a property or risk)
- to accept liability up to (a specified amount) in an insurance policy