underwrite

verb
un·​der·​write | \ ˈən-dər-ˌrīt How to pronounce underwrite (audio) , ˈən-də-, ˌən-dər-ˈrīt, ˌən-də- \
underwrote\ ˈən-​dər-​ˌrōt How to pronounce underwrite (audio) , ˈən-​də-​ , ˌən-​dər-​ˈrōt , ˌən-​də-​ \; underwritten\ ˈən-​dər-​ˌri-​tᵊn How to pronounce underwrite (audio) , ˈən-​də-​ , ˌən-​dər-​ˈri-​tᵊn , ˌən-​də-​ \; underwriting\ ˈən-​dər-​ˌrī-​tiŋ How to pronounce underwrite (audio) , ˈən-​də-​ , ˌən-​dər-​ˈrī-​ , ˌən-​də-​ \

Definition of underwrite

transitive verb

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
3 : to subscribe to : agree to
4a : to agree to purchase (something, such as security issue) usually on a fixed date at a fixed price with a view to public distribution
b : to guarantee financial support of underwrite a project

intransitive verb

: to work as an underwriter

Synonyms & Antonyms for underwrite

Synonyms

Antonyms

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Examples of underwrite in a Sentence

a university willing to underwrite an archaeological expedition
Recent Examples on the Web Allison Dinner / Getty Images PG&E will have to underwrite the federal monitor's costs, up to $15 million annually, in addition to the $55 million in other payments and penalties that the utility expects to incur in the settlement. CBS News, 12 Apr. 2022 The data that workers provide can be used to underwrite financial products like loans, mortgages, insurance policies, and buy-now-pay-later apps; simplify direct deposit switching; or verify income and employment for apartment and job applications. Bill Hardekopf, Forbes, 14 Apr. 2022 The state also plans to underwrite $5 million in low-interest loans to small cannabis businesses that can't access traditional credit. Morgan Lee, Chron, 1 Apr. 2022 Members of Congress have introduced legislation to ban Russian oil imports, reasoning that Americans shouldn’t help underwrite Mr. Putin’s war crimes. Frank Fannon, WSJ, 8 Mar. 2022 That has encouraged governments to use it on one-time investments that could be completed by the 2026 deadline — and underwrite policy experiments on a limited scale. New York Times, 21 Apr. 2022 The money would be used to underwrite the tuition for those who need the program but can’t afford it. Mary Jane Brewer, cleveland, 14 Apr. 2022 In 2021 Russian imports cost almost $1 billion, money that helped underwrite Mr. Putin’s war machine. John Barrasso, WSJ, 12 Apr. 2022 His millions launched the project for the permanent home along Lake Michigan of Discovery World Science and Technology Museum and helped underwrite the restoration of the Pabst Theater. Milwaukee Journal Sentinel, 14 Mar. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'underwrite.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of underwrite

14th century, in the meaning defined at transitive sense 1

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Time Traveler for underwrite

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The first known use of underwrite was in the 14th century

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Dictionary Entries Near underwrite

under wraps

underwrite

underwriter

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Statistics for underwrite

Last Updated

21 May 2022

Cite this Entry

“Underwrite.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/underwrite. Accessed 21 May. 2022.

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More Definitions for underwrite

underwrite

transitive verb
un·​der·​write | \ ˈən-dər-ˌrīt, ˌən-dər-ˈrīt How to pronounce underwrite (audio) \
underwrote\ -​ˌrōt, -​ˈrōt How to pronounce underwrite (audio) \; underwritten\ -​ˌrit-​ᵊn, -​ˈrit-​ᵊn How to pronounce underwrite (audio) \; underwriting

Legal Definition of underwrite

1a : to assume liability for (a risk) as an insurer the insurer underwrites individuals, not the group, in franchise health insurance
b : to issue or set the terms of (an insurance policy)
2 : to agree to purchase (all or part of a security issue) usually on a fixed date at a fixed price with the purpose or plan to resell by means of a public offering was a security brokerage firm which as part of its business underwrote speculative new issuesUFITEC, S.A. v. Carter, 135 Cal. Rptr. 607 (1977)
3a : to put up funds for or guarantee financial support of
b : to assess the risk of (as a loan)

More from Merriam-Webster on underwrite

Nglish: Translation of underwrite for Spanish Speakers

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