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Underwrite - Dictionary Definition and Overview |
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Underwrite : (verb)
1: guarantee financial support of; "The opera tour was
subvented by a bank" [syn: subvention, subvent]
2: protect by insurance; "The insurance won't cover this" [syn:
cover, insure]
Based on WordNet 2.0
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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.
What addition and change I have made I have here
underwritten. --Bp.
Sanderson.
2. 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. --B. Jonson.
The broker who procures the insurance ought not, by
underwriting the policy, to deprive the parties of
his unbiased testimony. --Marshall.
Based on Webster's Revised Unabridged Dictionary
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Underwrite : \Un`der*write"\, v. i.
To practice the business of insuring; to take a risk of
insurance on a vessel or the like.
Based on Webster's Revised Unabridged Dictionary (1913)
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Example Usage of Underwrite |
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kcinci: @DylanRatigan like the ins industry doesn't Underwrite both parties? covers all bases, screws us. |
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TavernWench: @JoeNBC Regulation aside, your plan just encourages insurance companies to Underwrite more aggressively. A risk is a risk. Race 2 bottom. |
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VegOnABudget: Anyone know of someone who might want to #Underwrite an #alumni #cookbook to benefit #TampaPrep? email me at vegetarianonabudget@gmail.com |
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