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un·der·write Listen to audio/ˈʌndɚˌraɪt/ verb
un·der·writes; un·der·wrote Listen to audio/-ˌroʊt/ un·der·writ·ten Listen to audio/-ˌrɪt/ un·der·writ·ing
[+ obj] 1 formal : to give money to support (something, such as a new business) and agree to be responsible for any losses if it fails
underwrite an expedition/project
2 technical : to agree to pay for a certain kind of loss or damage by offering (an insurance policy)
underwrite a homeowner's policy
3 technical : to agree to buy (shares) that are not bought by investors when the shares are first offered for sale
— un·der·writ·er Listen to audio /ˈʌndɚˌraɪtɚ/ noun, plural un·der·writ·ers [count]
an insurance underwriter

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