UNDERWRITE Definition & Meaning

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underwrite

[ uhn-der-rahyt, uhn-der-rahyt ]

Phonetic (Standard)IPA

verb (used with object)

underwrote underwritten underwriting.

to write under or at the foot of, especially under other written matter.
to sign one's name, as to a document.
to show agreement with or to support by or as if by signing one's name to, as a statement or decision.
to bind oneself to contribute a sum of money to (an undertaking):
Wealthy music lovers underwrote the experimental concerts.
to guarantee the sale of (a security issue to be offered to the public for subscription).
Insurance.
1. to write one's name at the end of (a policy), thereby becoming liable in case of certain losses specified in the policy.
2. to insure.
3. to assume liability to the extent of (a specified sum) by way of insurance.
4. to select or rate (risks) for insurance.

verb (used without object)

underwrote underwritten underwriting.

to underwrite something.
to carry on the business of an underwriter.

underwrite

/ ˌʌndəˈraɪt; ˈʊndəˌraɪt /

verb

finance to undertake to purchase at an agreed price any unsold portion of (a public issue of shares, etc)
to accept financial responsibility for (a commercial project or enterprise)
insurance
1. to sign and issue (an insurance policy) thus accepting liability if specified losses occur
2. to insure (a property or risk)
3. to accept liability up to (a specified amount) in an insurance policy
to write (words, a signature, etc) beneath (other written matter); subscribe
to support or concur with (a decision, statement, etc) by or as if by signature

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�y��vlog History and Origins

Origin of underwrite¹

First recorded before 1400–50; late Middle English, translation of Latin ��ܲ��ī�� “to write underneath, sign, subscribe”; subscribe

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Example Sentences

Examples have not been reviewed.

State Farm Mutual’s net worth, or surplus, rose last year nearly 8% to $145.2 billion due to investment returns that exceeded underwriting losses.

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Unfortunately, the fine print says “NFTRA Loan amounts are determined by your expected Federal refund, less authorized fees and underwriting.”

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The shares are more volatile because they are not underwritten by current profits or dividends.

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Additionally, require insurers to take forest management into account in their underwriting, and boost federal, state and local funding for forest and chaparral management strategies, such as controlled burns and fuel load reduction.

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Katherine Maher, president and chief executive of “Morning Edition” and “All Things Considered” home NPR, also said in a statement that the service has adhered to the FCC guidelines on underwriting messages.

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