1. past participle of underwrite; to have assumed financial responsibility for or guaranteed payment of something
Usage: finance; insurance
2. past participle of underwrite; to have supported or sponsored something financially

Examples

• The insurance policy was underwritten by a major company.
• The bond issue has been fully underwritten by investment banks.
• The research project was underwritten by a private foundation.
• His loan application was underwritten after careful review.
• The art exhibition was underwritten by several corporate sponsors.
• The startup’s expansion was underwritten by venture capitalists.