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- DictionaryUn·der·write/ˈəndə(r)ˌrīt/
verb
- 1. sign and accept liability under (an insurance policy), thus guaranteeing payment in case loss or damage occurs.
- 2. (of a bank or other financial institution) pledge to buy all the unsold shares in (an issue of new securities).
1. : to write under or at the end of something else. 2. : to set one's name to (an insurance policy) for the purpose of thereby becoming answerable for a designated loss or damage on consideration of receiving a premium percent : insure on life or property. also : to assume liability for (a sum or risk) as an insurer.
Dec 19, 2023 · Underwriting is the process through which an individual or institution takes on financial risk for a fee. Underwriters assess the degree of risk of insurers' business....
underwrite. If a bank or other organization underwrites an activity, it gives it financial support and takes responsibility for paying any costs if it fails. If a company underwrites an insurance policy, someone's property, etc., that company has an agreement to pay out money in cases of damage or loss.
to support something that costs money by promising to pay for it, or by promising to pay if necessary to protect others who are risking their money: The museum show was largely underwritten by a grant from the government of Sweden. (Definition of underwrite from the Cambridge Academic Content Dictionary © Cambridge University Press)
to sign one's name, as to a document. to show agreement with or to support by or as if by signing one's name to, as a statement or decision. to bind oneself to contribute a sum of money to (an undertaking): Wealthy music lovers underwrote the experimental concerts.
May 1, 2023 · An underwriter is any party, usually a member of a financial organization, that evaluates and assumes another party’s risk in mortgages, insurance, loans, or investments...
5 days ago · to write under something, esp. under something written; subscribe. 2. to agree to buy (an issue of stocks, bonds, etc.) on a given date and at a fixed price, or to guarantee the purchase of (stocks or bonds to be made available to the public for subscription ) 3. to subscribe or agree to, as by signature. 4.
