C1verbformalmoneybusiness
US/ˌʌn.dərˈraɪt/
UK/ˌʌn.dəˈraɪt/
to agree to pay for a risk, a loan or a new share sale if it goes wrong
In context
Two large banks agreed to underwrite the company's new share offering.
The insurer will underwrite the policy once it has checked the building.
The government underwrote the loan to keep the airline in business.
Words that go with underwrite
verb + noun
- underwrite a loanThe state agreed to underwrite a loan for the new factory.
- underwrite a policyOnly one insurer would underwrite the policy.
- underwrite the riskInsurers underwrite the risk of flooding in coastal areas.
- underwrite an issueSeveral banks will underwrite the issue of new bonds.
adverb + verb
- fully underwriteThe bank will fully underwrite the share sale.