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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).
The meaning of UNDERWRITE is to write under or at the end of something else. How to use underwrite in a sentence.
UNDERWRITE meaning: 1. If a bank or other organization underwrites an activity, it gives it financial support and takes…. Learn more.
UNDERWRITE definition: 1. If a bank or other organization underwrites an activity, it gives it financial support and takes…. Learn more.
To underwrite is to insure or promise to be financially responsible in case of loss or damage. An insurance agent can underwrite your renter's insurance policy, which protects you if there's a fire or robbery, for example.
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 for a fee, usually in the...
Underwrite definition: to write under or at the foot of, especially under other written matter.. See examples of UNDERWRITE used in a sentence.
Jul 19, 2024 · Underwriting is the process through which an individual or institution takes on financial risk for a fee. Underwriters assess the degree of risk within a given...
verb. If an institution or company underwrites an activity or underwrites the cost of it, they agree to provide any money that is needed to cover losses or buy special equipment, often for an agreed fee. [business] ...58,500 dollars to underwrite a new home.
Definition of underwrite verb in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
1. : one that underwrites : guarantor. 2. a. : one that underwrites a policy of insurance : insurer. b. : one who selects risks to be solicited or rates the acceptability of risks solicited. 3. : one that underwrites a security issue. Examples of underwriter in a Sentence.
