UNDERWRITE


Meaning of UNDERWRITE in English

v.

Pronunciation: ' ə n-d ə (r)- ˌ r ī t, ˌ ə n-d ə (r)- '

Function: verb

Inflected Form: -wrote \ - ˌ r ō t, - ' r ō t \ ; -writ · ten \ - ˌ ri-t ə n, - ' ri-t ə n \ ; -writ · ing \ - ˌ r ī -ti ŋ , - ' r ī - \

Date: 14th century

transitive verb

1 : to write under or at the end of something else

2 : 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 also : to assume liability for (a sum or risk) as an insurer

3 : to subscribe to : agree to

4 a : to agree to purchase (as security issue) usually on a fixed date at a fixed price with a view to public distribution b : to guarantee financial support of < underwrite a project>

intransitive verb : to work as an underwriter

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.