verb
- to assume financial responsibility for something, especially by agreeing to pay for losses or damages
- to support or guarantee the success of something by providing funding
- to sign one’s name at the bottom of a document
Usage: finance; insurance
Usage: formal; legal
Examples
- The bank underwrites the mortgage loan for qualified buyers.
- Our company underwrites insurance policies for small businesses.
- The foundation underwrites educational programs in rural areas.
- She underwrites the risk by carefully reviewing each application.
- The investment firm underwrites the new stock offering.
- He underwrites the contract with his signature.
- The government underwrites student loans to make college affordable.