underwrite Definition in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of “underwrite” - English Dictionary

Definition of "underwrite" - American English Dictionary

See all translations

underwriteverb [T]

 us   /ˈʌn·dərˌrɑɪt/ (past tense underwrote  /ˈʌn·dərˌroʊt/ , past participle underwritten  /ˈʌn·dərˌrɪt·ən/ )
to ​support something that ​costsmoney by ​promising to ​pay for it, or by ​promising to ​pay if ​necessary to ​protectothers who are risking ​theirmoney: 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)

Definition of "underwrite" - British English Dictionary

See all translations

underwriteverb [T]

uk   /ˌʌn.dəˈraɪt/  us   /ˈʌn.dɚ.raɪt/ (underwrote, underwritten)
If a ​bank or other ​organization underwrites an ​activity, it gives it ​financialsupport and ​takesresponsibility for ​paying any ​costs if it ​fails. 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.
underwriter
noun [C] uk   /-ˌraɪ.tər/  us   /-ˌraɪ.t̬ɚ/
(Definition of underwrite from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

Definition of "underwrite" - Business English Dictionary

See all translations

underwriteverb [T]

uk   us   /ˌʌndəˈraɪt/ (underwrote, underwritten)
FINANCE to give an ​activityfinancialsupport and take ​responsibility for ​paying any ​costs if it ​fails: He underwrote a friend's ​developmentcompany in New York. Many ​businesses have underwritten the ​event.
INSURANCE if a ​company underwrites an ​insurancepolicy or someone's ​property, it ​agrees to ​pay out ​money in ​cases of ​damage, ​loss, etc.: Why should ​insurancecompanies underwrite ​policies for ​peoplemoving into ​areas that have a high ​probability of wildfires?
STOCK MARKET if a ​financialorganization 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 ​rightsissue is fully underwritten.
(Definition of underwrite from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of underwrite?
Add Cambridge dictionaries to your browser to your website
Word of the Day
public school

in England, an expensive type of private school (= school paid for by parents not by the government)

Word of the Day

Introducing a new author and a new weekly blog post!
Introducing a new author and a new weekly blog post!
by Cambridge Dictionaries Online,
August 27, 2015
The English language is constantly changing. You know that. But did you know that at Cambridge Dictionaries Online we keep track of the changes? We continually add new words and new meanings to our online dictionary for learners of English. Some of them are new to English entirely (neologisms), and some

Read More 

hyperpalatable adjective
hyperpalatable adjective
August 24, 2015
describes food with heightened levels of sugar and salt, intended to be extremely appealing In Brazil, where the prevalence of overweight and obese adults has doubled since 1980, crisps, biscuits, energy bars and sugary drinks formulated to be ‘hyper-palatable’ are much more widely eaten than previously.

Read More