UNDERWRITE


Meaning of UNDERWRITE in English

( v. t. )

To subscribe one's name to for insurance, especially for marine insurance; to write one's name under, or set one's name to, as a policy of insurance, for the purpose of becoming answerable for loss or damage, on consideration of receiving a certain premium per cent; as, individuals, as well as companies, may underwrite policies of insurance.

Webster's Revised Unabridged English Dictionary.      Пересмотренный полный словарь английского языка Webster.