How to Pronounce "underwriting"
word
ˈəndɝˈɹaɪtɪŋ
UN-der-RY-ting
ˌʌndəɹˈaɪtɪŋ
un-duh-RY-ting
Definition
Underwriting is the process where a person or company takes on the financial risk of an insurance policy, loan, or investment, usually for a fee. It often refers to assessing whether to accept someone for insurance or to guarantee the sale of securities.
IPA Transcription
American English
ˈəndɝˈɹaɪtɪŋ
British English
ˌʌndəɹˈaɪtɪŋ
Simplified Pronunciation
US
UN-der-RY-ting
UK
un-duh-RY-ting
Listen in Context
The underwriting process decides if you can get health insurance.
Banks use underwriting to check your risk before giving a loan.
The underwriting team checks every insurance application carefully.
Without proper underwriting, the company could face huge losses if too many claims are made.