underwrite
🇺🇸
/ˌʌndərˈraɪt/
🇬🇧
/ˌʌndəˈraɪt/
verb
R
to agree to pay for any losses or costs that may happen
The government decided to underwrite the project to ensure its success.
R
to agree to pay money if something is lost or damaged
The insurance company underwrote the policy for the car.
R
to agree to buy shares if the public does not buy them
The bank agreed to underwrite the new shares being offered by the company.
translation
to agree to pay for any losses or costs that may happen; to agree to pay money if something is lost or damaged; to agree to buy shares if the public does not buy them
Word Forms
3rd Present
underwrites
Past
underwrote
Perfect
underwritten
Progressive
underwriting