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English definition of “underwrite”

underwrite

verb [T]    /ˈʌn·dərˌrɑɪt/ (past tense underwrote  /ˈʌn·dərˌroʊt/, past participle underwritten  /ˈʌn·dərˌrɪt·ən/)
to support something that costs money by promising to pay for it, or by promising to pay if necessary to protect others who are risking their money: The museum show was largely underwritten by a grant from the government of Sweden.
(Definition of underwrite verb from the Cambridge Academic Content Dictionary © Cambridge University Press)
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