What does "underwrite" mean?
To write below or under; subscribe.
verb ·Moderate ·High school level
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"Dr. Beeching's obvious intent is that if Scottish—and similarly unprofitable English and Welsh—railways are to be maintained, it must be done by an unconcealed subsidy; he is determined that the railways shall no longer be preoccupied with—and derided for—immense deficits which include the burden of social services the State must openly underwrite, if it wants them."
"The broker who procures the insurance […]ought not, by underwriting the policy, to deprive the parties of his unbiased testimony."
"Diſguiſe the holy ſtrength of their command: / And vnder write in an obſeruing kinde"
"Not every company can afford to underwrite such an expensive event."
To write below or under; subscribe.
Common synonyms include: cover, insure, accede to, accept, accredit, affirm.
Not every company can afford to underwrite such an expensive event.
Pronounced /ˈʌndəɹaɪt/.
From Middle English underwriten, from Old English underwrītan (“to write at the foot of, write under, subscribe”). Compare Dutch onderschrijven (“to endorse”), German unterschreiben (“to sign; endorse”), Danish underskrive (“to sign; endorse”). By surface analysis, under- + write.