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- Dictionaryunderwrite/ˌʌndəˈrʌɪt/
verb
- 1. sign and accept liability under (an insurance policy), thus guaranteeing payment in case loss or damage occurs: "the policy, underwritten at Lloyd's, indemnifies trustees against loss arising from wrongful acts"
- 2. (of a bank or other financial institution) pledge to buy all the unsold shares in (an issue of new shares): "the purchase is being paid for by a share issue, which has been underwritten"
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UNDERWRITE definition: 1. If a bank or other organization underwrites an activity, it gives it financial support and takes…. Learn more.
The meaning of UNDERWRITE is to write under or at the end of something else. How to use underwrite in a sentence.
UNDERWRITE meaning: 1. If a bank or other organization underwrites an activity, it gives it financial support and takes…. Learn more.
Dec 19, 2023 · Underwriting is the process through which an individual or institution takes on financial risk for a fee. Underwriters assess the degree of risk of insurers' business....
May 1, 2023 · An underwriter is any party, usually a member of a financial organization, that evaluates and assumes another party’s risk in mortgages, insurance, loans, or investments for a fee,...
verb. If an institution or company underwrites an activity or underwrites the cost of it, they agree to provide any money that is needed to cover losses or buy special equipment, often for an agreed fee. [business] ...58,500 dollars to underwrite a new home. [VERB noun]
Definition of underwrite verb in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Underwrite definition: to write under or at the foot of, especially under other written matter.. See examples of UNDERWRITE used in a sentence.
the act of giving financial support for an activity, and for paying any costs if it fails: The group announced a £50 million investment in insurance underwriting. (Definition of underwriting from the Cambridge Business English Dictionary © Cambridge University Press) Examples of underwriting. underwriting.
To underwrite is to insure or promise to be financially responsible in case of loss or damage. An insurance agent can underwrite your renter's insurance policy, which protects you if there's a fire or robbery, for example.
