underwrite
verb [T] /ˌʌn.dəˈraɪt/
/ˈʌn.dɚ.raɪt/ (underwrote, underwritten)Definition
› If a bank or other organization underwrites an activity, it gives it financial support and takes responsibility for paying any costs if it fails.Insurance › specialized If a company underwrites an insurance policy, someone's property, etc., they have an agreement to pay out money in cases of damage or loss.Insurance underwriter /-ˌraɪ.tər/
/-ˌraɪ.t̬ɚ/ noun [C] Insurance
/-ˌraɪ.t̬ɚ/ noun [C] Insurance (Definition of underwrite verb from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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- Amounts of money
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- British money
- Budgeting money
- Costing little or no money
- Costing too much
- Costs & expenses
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- Expensive & luxurious
- Grants & allowances
- Informal words for money
- Interest & capital
- Investing money
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- North American money
- Paying money
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Synonyms and related words:
- actuary noun
- assessor noun
- assurance noun (INSURANCE)
- comprehensive insurance noun
- cover noun (PROTECTION)
- cover verb (PROTECT)
- deductible noun
- endowment policy noun
- excess noun (INSURANCE)
- green card noun (CAR)
- indemnity noun
- insurer noun
- life insurance noun
- mature verb (FINANCE)
- non-contributory adjective
- premium noun (PAYMENT)
- protect verb
- term insurance noun
- the GISC noun
- third-party insurance noun
Topic:
Insurance
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