Definition, Meaning & Synonyms
underwrite
verb
/ˌʌndərˈraɪt/
Definition
To agree to take on financial risk in exchange for payment.
Examples
- The bank agreed to underwrite the mortgage loan for the new house.
- Insurance companies underwrite policies to manage risk.
- Investors often underwrite new ventures to secure a stake in the company.
Meaning
The act of providing support, usually in the form of finances, by taking on the risk of a potential loss.
Synonyms
- guarantee
- back
- finance
- insure
- support
