About The Word Underwrite
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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
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Underwrite Definition And Meaning |
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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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