Definition of Underwrite
Underwrite
un·der·write
Definition/Meaning
(verb)
To guarantee or assume financial responsibility for a project or investment.
e.g. The bank agreed to underwrite the startup's initial public offering.
(verb)
to guarantee that one will financially support some project, including bearing the losses in the event of failure;
e.g. They couldn't find anyone to fund or underwrite their undertaking.
(verb)
(old) to write something underneath something else, to write something below other written matter, especially at the end of a document;
e.g. They were asked to underwrite their reasoning for making the decision they had.
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