UNDERWRITE

verb (underwrote; underwritten; underwriting) Date: 14th century transitive verb to write under or at the end of something else, 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, to subscribe to ; agree to, 4. to agree to purchase (as security issue) usually on a fixed date at a fixed price with a view to public distribution, to guarantee financial support of , intransitive verb to work as an ~r