Definition, Meaning & Synonyms
underwrite
verb
/ˈʌndərˌraɪt/
Definition
To sign one’s name to a document, indicating agreement or responsibility, or to provide financial support or insurance for a project or venture.
Examples
- The bank agreed to underwrite the loan for the new business.
- They will underwrite the insurance policy to cover potential losses.
- In venture capital, investors often underwrite initial funding for startups.
Meaning
The act of approving or financing an undertaking while assuming financial risk, commonly used in the context of insurance or investments.
Synonyms
- guarantee
- insure
- finance
- back
- support
