underwrite
verb /ˌʌndəˈraɪt/
/ˌʌndərˈraɪt/
(specialist)Verb Forms
present simple I / you / we / they underwrite | /ˌʌndəˈraɪt/ /ˌʌndərˈraɪt/ |
he / she / it underwrites | /ˌʌndəˈraɪts/ /ˌʌndərˈraɪts/ |
past simple underwrote | /ˌʌndəˈrəʊt/ /ˌʌndərˈrəʊt/ |
past participle underwritten | /ˌʌndəˈrɪtn/ /ˌʌndərˈrɪtn/ |
-ing form underwriting | /ˌʌndəˈraɪtɪŋ/ /ˌʌndərˈraɪtɪŋ/ |
- underwrite something to accept financial responsibility for an activity so that you will pay for special costs or for losses it may make
- The British government ended up underwriting the entire project.
- The record company may underwrite the costs of a band’s first tour.
- underwrite something to accept responsibility for an insurance policy so that you will pay money in case loss or damage happensWordfinderTopics Moneyc2
- actuary
- annuity
- cover
- excess
- insurance
- no-claims bonus
- policy
- premium
- risk
- underwrite
- underwrite something to agree to buy shares that are not bought by the public when new shares are offered for sale