About The Word Underwrite
Learn about the word Underwrite to help solve your crossword puzzle. Discover Underwrite definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.
Underwrite
| Underwrite Definition And Meaning |
|---|
What's The Definition Of Underwrite?
[v] guarantee financial support of; "The opera tour was subvented by a bank"
[v] protect by insurance; "The insurance won't cover this" Synonyms | Synonyms for Underwrite: cover | insure | subvent Related Terms | Find terms related to Underwrite: See Also | guarantee | indemnify | reinsure | undertake | warrant Underwrite In Webster's Dictionary \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.
What addition and change I have made I have here
underwritten. --Bp.
Sanderson.
2. To subscribe one's name to for insurance, especially for
marine insurance; to write one's name under, or set one's
name to, as a policy of insurance, for the purpose of
becoming answerable for loss or damage, on consideration
of receiving a certain premium per cent; as, individuals,
as well as companies, may underwrite policies of
insurance. --B. Jonson.
The broker who procures the insurance ought not, by
underwriting the policy, to deprive the parties of
his unbiased testimony. --Marshall.
\Un`der*write"\, v. i. To practice the business of insuring; to take a risk of insurance on a vessel or the like. |
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