WordDisk
  • Reading
    • Shortcuts
      •   Home
      •   All Articles
      •   Read from Another Site
      Sources
      • Wikipedia
      • Simple Wikipedia
      • VOA Learning English
      • Futurity
      • The Conversation
      • MIT News
      • Harvard Gazette
      • Cambridge News
      • YDS/YÖKDİL Passages
      Topics
      • Technology
      • Engineering
      • Business
      • Economics
      • Human
      • Health
      • Energy
      • Biology
      • Nature
      • Space
  •  Log in
  •  Sign up
2.47
History
Add

underwrite verb [ ʌndəˈrʌɪt ]

• sign and accept liability under (an insurance policy), thus guaranteeing payment in case loss or damage occurs.
• "the policy, underwritten at Lloyd's, indemnifies trustees against loss arising from wrongful acts"
• (of a bank or other financial institution) pledge to buy all the unsold shares in (an issue of new shares).
• "the purchase is being paid for by a share issue, which has been underwritten"
• write (something) below something else, especially other written matter.
• "each subscriber should underwrite his reason for the place he allots his candidate"


2025 WordDisk