Underwrites - English meaning
Underwrites – definitions in English dictionary
verbSign and accept liability under (an insurance policy), thus guaranteeing payment in case loss or damage occurs.
Usage examples:
The policy, underwritten at lloyd's, indemnifies trustees against loss arising from wrongful actsverb(of a bank or other financial institution) pledge to buy all the unsold shares in (an issue of new shares).
Usage examples:
The purchase is being paid for by a share issue, which has been underwrittenverbWrite (something) below something else, especially other written matter.
Usage examples:
Each subscriber should underwrite his reason for the place he allots his candidate
verbTo 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
Usage examples:
The museum show was largely underwritten by a grant from the government of sweden.
verbTo give an activity financial support and take responsibility for paying any costs if it fails
Usage examples:
He underwrote a friend's development company in new york., many businesses have underwritten the ev…
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