Translation of "underwrite" - English-Mandarin Chinese dictionary


verb [ T ] uk us /ˌʌn.dəˈraɪt/ /ˈ---/ (underwrote, underwritten)

If a bank or other organization underwrites an activity, it gives it financial support and takes responsibility for paying any costs if it fails.


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.

underwriter uk us /ˈʌn.dəˌraɪ.tər/ US  /-də.raɪ.t̬ɚ/ noun [ C ]

(Translation of “underwrite” from the Cambridge English-Chinese (Simplified) Dictionary © Cambridge University Press)