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IELTS BNC: 19998 COCA: 12615

underwrite

verb

un·​der·​write ˈən-dər-ˌrīt How to pronounce underwrite (audio)
ˈən-də-,
ˌən-dər-ˈrīt,
ˌən-də-
underwrote ˈən-dər-ˌrōt How to pronounce underwrite (audio)
ˈən-də-,
ˌən-dər-ˈrōt,
ˌən-də-
; underwritten ˈən-dər-ˌri-tᵊn How to pronounce underwrite (audio)
ˈən-də-,
ˌən-dər-ˈri-tᵊn,
ˌən-də-
; underwriting ˈən-dər-ˌrī-tiŋ How to pronounce underwrite (audio)
ˈən-də-,
ˌən-dər-ˈrī-,
ˌən-də-

transitive verb

1
: to write under or at the end of something else
2
: to set one's name to (an insurance policy) for the purpose of thereby becoming answerable for a designated loss or damage on consideration of receiving a premium percent : insure on life or property
also : to assume liability for (a sum or risk) as an insurer
3
: to subscribe to : agree to
4
a
: to agree to purchase (something, such as security issue) usually on a fixed date at a fixed price with a view to public distribution
b
: to guarantee financial support of
underwrite a project

intransitive verb

: to work as an underwriter

Example Sentences

a university willing to underwrite an archaeological expedition
Recent Examples on the Web Washington plans to underwrite some of that expansion to ensure factories are built in the U.S. with funding that has enjoyed rare bipartisan support and is aimed at counteracting the industry’s shift toward Asia in recent decades. Asa Fitch, WSJ, 9 Aug. 2022 The only viable way to underwrite that is through a stress-test. Richard Parker, Forbes, 24 July 2022 The enterprise was financed primarily by Ms. Hartman’s family (not trippers, but pleased to underwrite), with smaller donations from venture capitalists. New York Times, 20 July 2022 Originally, JPMorgan was chosen to underwrite the bonds after offering a lower fee than other banks, but now Wells Fargo will match that fee, Lela Folse, director of the bond commission, said during the meeting Thursday. Amanda Albright, Bloomberg.com, 18 Nov. 2021 But the Federal Emergency Management Agency, which controls relief funding for the island, appears ready to underwrite a rebuild of the old fossil fuel system. Patrick Parenteau, The Conversation, 4 Oct. 2021 This event also supports our treasured restaurant community, and a portion of your ticket price will underwrite food and labor costs for each participating restaurant. San Francisco Chronicle, 30 June 2022 Huawei is not publicly held, however, so the order would essentially ban Americans from helping to underwrite its debt offerings. New York Times, 3 June 2021 The money will pay for factory-construction incentives, provide workforce training, pay for targeted tax credits, and underwrite loans and loan guarantees to qualifying companies. Rob Pegoraro, PCMAG, 29 July 2022 See More

Word History

First Known Use

14th century, in the meaning defined at transitive sense 1

Time Traveler
The first known use of underwrite was in the 14th century

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