Underwrite | Mean of underwrite in English Dictionary
/ˈʌndɚˌraɪt/
- Verb
- to give money to support (something, such as a new business) and agree to be responsible for any losses if it fails
- underwrite an expedition/project
- to agree to pay for a certain kind of loss or damage by offering (an insurance policy)
- underwrite a homeowner's policy
- to agree to buy (shares) that are not bought by investors when the shares are first offered for sale