un‧der‧write past tense underwrote past participle underwritten [transitive]
1 formal to support an activity, business plan etc with money, and to take financial responsibility if it fails:
The government has agreed to underwrite the project with a grant of £5 million.
2BFI technical if an insurance company underwrites an insurance contract, it agrees to pay for any damage or loss that happens
3 technical to arrange to sell shares to investors, and to agree to buy any which are not bought by them
underwriter noun [countable]

Explore INSURANCE Topic

Word of the Day
The INSURANCE Word of the Day is:

Other related topics