UNDERWRITE


Meaning of UNDERWRITE in English

■ verb ( past underwrote ; past participle underwritten )

1》 sign and accept liability under (an insurance policy).

↘accept (a liability or risk) in this way.

2》 undertake to finance or otherwise support or guarantee (something).

3》 engage to buy all the unsold shares in (an issue of new shares).

4》 archaic write below something else.

Derivatives

~r noun

Concise Oxford English vocab.      Сжатый оксфордский словарь английского языка.