underwrite

underwrite
/un'deuhr ruyt", un"deuhr ruyt'/, v., underwrote, underwritten, underwriting.
v.t.
1. to write under or at the foot of, esp. under other written matter.
2. to sign one's name, as to a document.
3. to show agreement with or to support by or as if by signing one's name to, as a statement or decision.
4. to bind oneself to contribute a sum of money to (an undertaking): Wealthy music lovers underwrote the experimental concerts.
5. to guarantee the sale of (a security issue to be offered to the public for subscription).
6. Insurance.
a. to write one's name at the end of (a policy), thereby becoming liable in case of certain losses specified in the policy.
b. to insure.
c. to assume liability to the extent of (a specified sum) by way of insurance.
d. to select or rate (risks) for insurance.
v.i.
7. to underwrite something.
8. to carry on the business of an underwriter.
[1400-50; late ME, trans. of L subscribere to write underneath, sign, SUBSCRIBE]

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Universalium. 2010.

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  • 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′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,… …   English World dictionary

  • 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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