English

Definition of underwrite verb from the Oxford Advanced Learner's Dictionary

     

    underwrite

     verb
    verb
    BrE BrE//ˌʌndəˈraɪt//
     
    ; NAmE NAmE//ˌʌndərˈraɪt//
     
    (specialist)Verb Forms present simple I / you / we / they underwrite
    BrE BrE//ˌʌndəˈraɪt//
     
    ; NAmE NAmE//ˌʌndərˈraɪt//
     
    he / she / it underwrites
    BrE BrE//ˌʌndəˈraɪts//
     
    ; NAmE NAmE//ˌʌndərˈraɪts//
     
    past simple underwrote
    BrE BrE//ˌʌndəˈrəʊt//
     
    ; NAmE NAmE//ˌʌndərˈroʊt//
     
    past participle underwritten
    BrE BrE//ˌʌndəˈrɪtn//
     
    ; NAmE NAmE//ˌʌndərˈrɪtn//
     
    -ing form underwriting
    BrE BrE//ˌʌndəˈraɪtɪŋ//
     
    ; NAmE NAmE//ˌʌndərˈraɪtɪŋ//
     
    Banking
     
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  1. 1underwrite something to accept financial responsibility for an activity so that you will pay for special costs or for losses it may make The British government ended up underwriting the entire project. The record company may underwrite the costs of a band’s first tour. See related entries: Banking
  2. 2underwrite something to accept responsibility for an insurance policy so that you will pay money in case loss or damage happens Wordfinderactuary, annuity, cover, excess, insurance, no-claims bonus, policy, premium, risk, underwrite See related entries: Banking
  3. 3underwrite something to agree to buy shares that are not bought by the public when new shares are offered for sale
See the Oxford Advanced American Dictionary entry: underwrite