underwrite
/ˈʌndəɹaɪt/ verb
Forms underwrites underwriting underwrote underwrit underwritten
- verb (transitive) To write below or under; subscribe.
- verb (transitive, intransitive, obsolete) To subscribe (a document, policy etc.) with one's name.
- verb (transitive) To sign; to put one's name to.
- verb (transitive) To agree to pay by signing one's name; subscribe.
- verb (transitive) Specifically, to assume financial responsibility for something, and guarantee it against failure.
- verb (intransitive, insurance) To act as an underwriter.
- verb (transitive) To support, lend support to, guarantee the basis of.
- verb (obsolete, transitive) To submit to; put up with.
Synonyms
Etymology
From Middle English underwriten, from Old English underwrītan (“to write at the foot of, write under, subscribe”). Compare Dutch onderschrijven (“to endorse”), German unterschreiben (“to sign; endorse”), Danish underskrive (“to sign; endorse”). By surface analysis, under- + write.
Webster’s 1913
- verb To write under something else; to subscribe.
- verb To subscribe one's name to for insurance, especially for marine insurance; to write one's name under, or set one's name to, as a policy of insurance, for the purpose of becoming answerable for loss or damage, on consideration of receiving a certain premium per cent; as, individuals, as well as companies, may underwrite policies of insurance. B. Jonson.
- verb To practice the business of insuring; to take a risk of insurance on a vessel or the like.
Sources: Wiktionary · WordNet 3.0 · Webster’s 1913 — from the Wiktionary entry “underwrite”, CC BY-SA 4.0. Details