underwrite
IPA: ˈʌndɝraɪt
verb
- (transitive) To write below or under; subscribe.
- (transitive, intransitive, obsolete) To subscribe (a document, policy etc.) with one's name.
- (transitive) To sign; to put one's name to.
- (transitive) To agree to pay by signing one's name; subscribe.
- (transitive) Specifically, to assume financial responsibility for something, and guarantee it against failure.
- (intransitive, insurance) To act as an underwriter.
- (transitive) To support, lend support to, guarantee the basis of.
- (obsolete, transitive) To submit to; put up with.
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Examples of "underwrite" in Sentences
- The rest would underwrite research by scientists at the NIH's Bethesda campus and hospital.
- Let me elaborate on why individual investors should never sell / "underwrite" financial options / insurance:
- The same Board member told Slugger O'Toole Mr Baggott in no sense gave any commitment to 'underwrite' anyone's job when the current full time reserves leave the PSNI.
- "underwrite" (guarantee the sale of) stock and bond issues, trade for their own accounts, make markets, and advise corporations on capital market activities such as mergers and acquisitions.
- This was left as a comment to the original post where I mistakenly assumed that Abacus tossed the DMA a few bucks to underwrite the survey --- my error in assuming what the term "underwrite" meant:
- These companies have long depended upon advertisers of consumer products, services and causes to underwrite their business, and that advertising cost has been passed on in the final cost of the product or service.
- If it is not fully subscribed, they will get all that they have asked for, and the balance left over will be taken up in most cases by a syndicate formed by the bank or firm that issued the loan, to "underwrite" it.
- University Library Director Robert Darnton announced that, initially, Arcadia's grant will be used to strengthen the Library's print collections, to support processing of 17th - and 18th-century collections in the Archives, and to underwrite conservation treatments for fragile or damaged material from 17th - and 18th-century collections.
- The BoE does "underwrite" to the extent that a bank in the process of swapping what you describe as their IOUs in the interbank settlement process* comes up short due to perversely high outflows vs inflows i.e. it has insufficient cash reserves lodged at the BoE to make good on those obligations caused by account activity and other banks will not lend that bank overnight money, then the BoE will do so to enable all IOUs to be honoured and the system to remain viable.
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