underwrite

underwrite
underwrite [un′dər rīt′]
vt.
underwrote, underwritten, underwriting [ME underwriten, orig. used as transl. of L subscribere: see SUBSCRIBE]
1. Archaic to write under something, esp. under something written; subscribe
2. to agree to buy (an issue of stocks, bonds, etc.) on a given date and at a fixed price, or to guarantee the purchase of (stocks or bonds to be made available to the public for subscription)
3. to subscribe or agree to, as by signature
4. to agree to pay for the cost of or pledge to cover the financial losses of (an undertaking, etc.)
5. Insurance
a) to write one's signature at the end of (an insurance policy), thus assuming liability in the event of specified loss or damage
b) to insure
c) to assume liability to the amount of (a specified sum)
vi.
1. to underwrite something
2. to be in business as an underwriter

English World dictionary. . 2014.

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Look at other dictionaries:

  • underwrite — un·der·write / ən dər ˌrīt, ˌən dər rīt/ vt wrote / ˌrōt, rōt/, writ·ten, / ˌrit ən, rit ən/, writ·ing 1 a: to assume liability for (a risk) as an insurer the insurer underwrite s individuals, not the group, in franchise health insurance …   Law dictionary

  • Underwrite — Un der*write , v. t. [imp. {Underwrote}, Obs. {Underwrit}; p. p. {Underwritten}, Obs. {Underwrit}; p. pr. & vb. n. {Underwriting}.] 1. To write under something else; to subscribe. [1913 Webster] What addition and change I have made I have here… …   The Collaborative International Dictionary of English

  • Underwrite — Un der*write , v. i. To practice the business of insuring; to take a risk of insurance on a vessel or the like. [1913 Webster] …   The Collaborative International Dictionary of English

  • underwrite — early 15c., from UNDER (Cf. under) + WRITE (Cf. write) (v.). A loan translation of L. subscribere (see SUBSCRIBE (Cf. subscribe)). Used literally at first; modern sense of to accept the risk of insurance (1620s) is from notion of signing a marine …   Etymology dictionary

  • underwrite — [v] endorse, insure accede, agree to, angel*, approve, back, bankroll*, collateral, consent, countersign, endow, finance, float, fund, guarantee, help, initial, okay*, pay, provide, provide financing, sanction, seal, secure, sign, sponsor, stake …   New thesaurus

  • underwrite — ► VERB (past underwrote; past part. underwritten) 1) sign and accept liability under (an insurance policy). 2) undertake to finance or otherwise support or guarantee. DERIVATIVES underwriter noun …   English terms dictionary

  • Underwrite — To guarantee, as to guarantee the issuer of securities a specified price by entering into a purchase and sale agreement. To bring securities to market. The New York Times Financial Glossary * * * underwrite un‧der‧write [ˌʌndəˈraɪt] verb… …   Financial and business terms

  • underwrite — To guarantee, as to guarantee the issuer of securities a specified price by entering into a purchase and sale agreement . To bring securities to market. Bloomberg Financial Dictionary * * * underwrite un‧der‧write [ˌʌndəˈraɪt] verb underwrote… …   Financial and business terms

  • underwrite — UK [ˌʌndəˈraɪt] / US [ˌʌndərˈraɪt] verb [transitive] Word forms underwrite : present tense I/you/we/they underwrite he/she/it underwrites present participle underwriting past tense underwrote UK [ˌʌndəˈrəʊt] / US [ˌʌndərˈroʊt] past participle… …   English dictionary

  • underwrite — /ˌʌndə raɪt/ verb 1. to accept responsibility for something ♦ to underwrite a share issue to guarantee that a share issue will be sold by agreeing to buy all shares which are not subscribed ● The issue was underwritten by three underwriting… …   Dictionary of banking and finance

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