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.
To write under something else; to subscribe.
Verb
guarantee financial support of; "The opera tour was subvented by a bank"
Verb
protect by insurance; "The insurance won''t cover this"
v. t.
To write under something else; to subscribe.
v. t.
To subscribe one's name to for insurance, especially
for marine insurance; to write one's name under, or set one's name to,
as a policy of insurance, for the purpose of becoming answerable for
loss or damage, on consideration of receiving a certain premium per
cent; as, individuals, as well as companies, may underwrite policies of
insurance.
v. i.
To practice the business of insuring; to take a risk
of insurance on a vessel or the like.
Underwrite
What addition and change I have made I have here underwritten.2.
The broker who procures the insurance ought not, by underwriting the policy, to deprive the parties of his unbiased testimony.
Underwrite
To write under something else; to subscribe.
To practice the business of insuring; to take a risk of insurance on a vessel or the like.
Usage Examples
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