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Meaning of “underwrite” in the English Dictionary

"underwrite" in British English

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underwriteverb [T]

uk   /ˌʌn.dərˈaɪt/  us   /ˈʌn.dɚ.raɪt/ (underwrote, underwritten)
underwriter
noun [C] uk   /ˈʌn.dərˌaɪ.tər/  us   /ˈʌn.dɚˌraɪ.t̬ɚ/
(Definition of underwrite from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"underwrite" in American English

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underwriteverb [T]

 us   /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 from the Cambridge Academic Content Dictionary © Cambridge University Press)

"underwrite" in Business English

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underwriteverb [T]

uk   us   /ˌʌndəˈraɪt/ (underwrote, underwritten)
FINANCE to give an activity financial support and take responsibility for paying any costs if it fails: He underwrote a friend's development company in New York. Many businesses have underwritten the event.
INSURANCE if a company underwrites an insurance policy or someone's property, it agrees to pay out money in cases of damage, loss, etc.: Why should insurance companies underwrite policies for people moving into areas that have a high probability of wildfires?
STOCK MARKET if a financial organization underwrites new shares when they are offered for sale, it agrees to buy any shares that are not sold: The firm underwrote $12 billion of securities last year. The rights issue is fully underwritten.
(Definition of underwrite from the Cambridge Business English Dictionary © Cambridge University Press)
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“underwrite” in British English

“underwrite” in Business English

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