underwrite

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underwrite /ˈʌndɚˌraɪt/ verb
underwrites; underwrote /-ˌroʊt/ ; /ˈʌndɚˌroʊt/; underwritten /-ˌrɪtn̩/ ; /ˈʌndɚˌrɪtn̩/; underwriting
underwrite
/ˈʌndɚˌraɪt/
verb
underwrites; underwrote /-ˌroʊt/ ; /ˈʌndɚˌroʊt/; underwritten /-ˌrɪtn̩/ ; /ˈʌndɚˌrɪtn̩/; underwriting
Learner's definition of UNDERWRITE
[+ object]
formal : to give money to support (something, such as a new business) and agree to be responsible for any losses if it fails
technical : to agree to pay for a certain kind of loss or damage by offering (an insurance policy)
technical : to agree to buy (shares) that are not bought by investors when the shares are first offered for sale

— underwriter

/ˈʌndɚˌraɪtɚ/ noun, plural underwriters [count]
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