underwrite

C2+ Topic:Money & Finance
US /ˌʌndɚˈraɪt/ UK /ˌʌndəˈraɪt/
verb

Meanings

  1. 1
    verb

    to accept financial liability for, or to fund or guarantee

    A foundation agreed to underwrite the cost of the new wing.

Thesaurus

Synonyms
1 verb · to accept financial... guaranteeinsurefundfinancesponsorback
Word family
Derived forms underwriterunderwritingunderwritten
Related forms writewrite-up

Etymology

From under- ('beneath') + write, a loan-translation of Latin subscribere ('to write beneath, sign'). The insurance sense comes from underwriters signing their names beneath a marine risk to accept liability.

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Topics

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