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English Dictionary      examples: 'day', 'get rid of', 'New York Bay'

Underwrite   Listen
Underwrite  v. t.  (past underwrote, obs. underwrit; past part. underwritten, obs. underwrit; pres. part. underwriting)  
To write under something else; to subscribe. "What addition and change I have made I have here underwritten."
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. "The broker who procures the insurance ought not, by underwriting the policy, to deprive the parties of his unbiased testimony."

Collaborative International Dictionary of English 0.48

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"Underwrite" Quotes from Famous Books

... transatlantic cable had been promoted by a man of Field's business ability and financial standing. Through his efforts, a governmental charter was secured and a company of prominent New Yorkers was formed to underwrite the venture. An unsuccessful attempt to lay the cable was made by the company in 1857. Field tried again in 1858; on the fourth attempt he was successful and immediately acclaimed as the "genius of ...
— Presentation Pieces in the Museum of History and Technology • Margaret Brown Klapthor

Words linked to "Underwrite" :   subvention, warrant, subvent, compensate, indemnify, cover, guarantee, underwriter, undertake, reinsure

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