UNDERWRITE


Meaning of UNDERWRITE in English

transcription, транскрипция: [ ʌndə(r)raɪt ]

( underwrites, underwriting, underwrote, underwritten)

If an institution or company underwrites an activity or underwrites the cost of it, they agree to provide any money that is needed to cover losses or buy special equipment, often for an agreed fee. ( BUSINESS )

The government will have to create a special agency to underwrite small business loans...

VERB : V n

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