Translation of "underwrite" - English-Traditional Chinese dictionary

See all translations

underwriteverb [ T ]

uk /ˌʌn.dərˈaɪt/ us /ˈʌn.dɚ.raɪt/ 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.

(銀行或其他機構)爲…提供財力支援並承擔經濟責任

specialized finance & economics If a company underwrites an insurance policy, someone's property, etc., that company has an agreement to pay out money in cases of damage or loss.

爲…承擔保險責任,爲…承保

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