underwrite

Verb

Meaning

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.

To practice the business of insuring; to take a risk of insurance on a vessel or the like.

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Examples

While Wall Street firms typically underwrite offerings in teams, the lead underwriter, or manager, of the offering has primary responsibility for selling the offering and reaps much of the fees and profit. Alex Berenson

To believe in something not yet proved and to underwrite it with our lives: it is the only way we can leave the future open. Lillian Smith

The world isn't kept running because it's a paying proposition. (God doesn't make a cent on the deal.) The world goes on because a few men in every generation believe in it utterly, accept it unquestioningly they underwrite it with their lives. Henry Miller

The insurance won't cover this Source: Internet

The opera tour was subvented by a bank Source: Internet

All loan programs still require some information in order for the lender to underwrite the loan, including the ones created through the CARES Act. Source: Internet

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