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underwrite

One entry found for underwrite.
Main Entry: un·der·write
Pronunciation: '&n-d&(r)-"rIt, "&n-d&(r)-'
Function: verb
Inflected Form(s): un·der·wrote /-"rOt, -'rOt/; un·der·writ·ten /-"ri-t&n, -'ri-t&n/; un·der·writ·ing /-"rI-ti[ng], -'rI-/
transitive verb
1 : to write under or at the end of something else
2 : to set one's name to (an insurance policy) for the purpose of thereby becoming answerable for a designated loss or damage on consideration of receiving a premium percent : insure on life or property; also : to assume liability for (a sum or risk) as an insurer
3 : to subscribe to : agree to
4 a : to agree to purchase (as security issue) usually on a fixed date at a fixed price with a view to public distribution b : to guarantee financial support of <underwrite a project>
intransitive verb : to work as an underwriter