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underwrite - Meaning and Examples

Meaning of 'underwrite' (Webster Dictionary)

1 . Underwrite [ v. i.]
- To practice the business of insuring; to take a risk of insurance on a vessel or the like.
2 . Underwrite [ v. t.]
- To write under something else; to subscribe.
- To subscribe one's name to for insurance, especially for marine insurance; to write one's name under, or set one's name to, as a policy of insurance, for the purpose of becoming answerable for loss or damage, on consideration of receiving a certain premium per cent; as, individuals, as well as companies, may underwrite policies of insurance.

Meaning of 'underwrite' (Princeton's WordNet)

1 . underwrite [ v]
Meaning (1):
- protect by insurance
Example in sentence:
  • The insurance won't cover this
Meaning (2):
- guarantee financial support of
Example in sentence:
  • The opera tour was subvented by a bank

Nearby Words:

undam undampned undated undauntable undaunted unde undeadly undeaf undecagon undecane

See 'underwrite' also in:

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