- underwrite
- 1. To accept the potential liabilities arising from an insurance policy or *guarantee. 2. To agree to purchase all unsold *securities arising from a new issuance of *securities.
Auditor's dictionary. 2014.
underwrite
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underwrite — un·der·write / ən dər ˌrīt, ˌən dər rīt/ vt wrote / ˌrōt, rōt/, writ·ten, / ˌrit ən, rit ən/, writ·ing 1 a: to assume liability for (a risk) as an insurer the insurer underwrite s individuals, not the group, in franchise health insurance … Law dictionary
Underwrite — Un der*write , v. t. [imp. {Underwrote}, Obs. {Underwrit}; p. p. {Underwritten}, Obs. {Underwrit}; p. pr. & vb. n. {Underwriting}.] 1. To write under something else; to subscribe. [1913 Webster] What addition and change I have made I have here… … The Collaborative International Dictionary of English
underwrite — [un′dər rīt′] vt. underwrote, underwritten, underwriting [ME underwriten, orig. used as transl. of L subscribere: see SUBSCRIBE] 1. Archaic to write under something, esp. under something written; subscribe 2. to agree to buy (an issue of stocks,… … English World dictionary
Underwrite — Un der*write , v. i. To practice the business of insuring; to take a risk of insurance on a vessel or the like. [1913 Webster] … The Collaborative International Dictionary of English
underwrite — early 15c., from UNDER (Cf. under) + WRITE (Cf. write) (v.). A loan translation of L. subscribere (see SUBSCRIBE (Cf. subscribe)). Used literally at first; modern sense of to accept the risk of insurance (1620s) is from notion of signing a marine … Etymology dictionary
underwrite — [v] endorse, insure accede, agree to, angel*, approve, back, bankroll*, collateral, consent, countersign, endow, finance, float, fund, guarantee, help, initial, okay*, pay, provide, provide financing, sanction, seal, secure, sign, sponsor, stake … New thesaurus
underwrite — ► VERB (past underwrote; past part. underwritten) 1) sign and accept liability under (an insurance policy). 2) undertake to finance or otherwise support or guarantee. DERIVATIVES underwriter noun … English terms dictionary
Underwrite — To guarantee, as to guarantee the issuer of securities a specified price by entering into a purchase and sale agreement. To bring securities to market. The New York Times Financial Glossary * * * underwrite un‧der‧write [ˌʌndəˈraɪt] verb… … Financial and business terms
underwrite — To guarantee, as to guarantee the issuer of securities a specified price by entering into a purchase and sale agreement . To bring securities to market. Bloomberg Financial Dictionary * * * underwrite un‧der‧write [ˌʌndəˈraɪt] verb underwrote… … Financial and business terms
underwrite — UK [ˌʌndəˈraɪt] / US [ˌʌndərˈraɪt] verb [transitive] Word forms underwrite : present tense I/you/we/they underwrite he/she/it underwrites present participle underwriting past tense underwrote UK [ˌʌndəˈrəʊt] / US [ˌʌndərˈroʊt] past participle… … English dictionary
underwrite — /ˌʌndə raɪt/ verb 1. to accept responsibility for something ♦ to underwrite a share issue to guarantee that a share issue will be sold by agreeing to buy all shares which are not subscribed ● The issue was underwritten by three underwriting… … Dictionary of banking and finance
