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Underwrite Meaning in English

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Definition

To agree to take financial responsibility for something, especially by guaranteeing payment for insurance or supporting a project financially, often used in finance and insurance industries.

Usage & Nuances

Formally used in business, insurance, and finance. 'Underwrite insurance' means guaranteeing a policy; 'underwrite a project' means providing financial backing. Do not confuse with 'sign' (just approval without risk) or 'guarantee' (broader use).

Example Sentences

Insurance companies underwrite health policies.

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They needed a sponsor to underwrite the concert.

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Our firm will underwrite the entire loan, so you don’t need to worry.

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The bank agreed to underwrite the new apartment building.

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He asked if I could underwrite his startup, but it's too risky right now.

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Large investors sometimes underwrite public offerings to help companies raise funds.

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