Underwrite Un`der*write", v. t. [imp. {Underwrote}, Obs. {Underwrit}; p. p. {Underwritten}, Obs. {Underwrit}; p. pr. & vb. n. {Underwriting}.] 1. To write under something else; to subscribe. [1913 Webster]

What addition and change I have made I have here underwritten. --Bp. Sanderson. [1913 Webster]

2. To subscribe one's name to for insurance, especially for marine insurance; to write one's name under, or set one's name to, as a policy of insurance, for the purpose of becoming answerable for loss or damage, on consideration of receiving a certain premium per cent; as, individuals, as well as companies, may underwrite policies of insurance. --B. Jonson. [1913 Webster]

The broker who procures the insurance ought not, by underwriting the policy, to deprive the parties of his unbiased testimony. --Marshall. [1913 Webster]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • underwritten — /un deuhr rit n, un deuhr rit /, v. pp. of underwrite. * * * …   Universalium

  • underwritten — un·der·write || ÊŒndÉ™raɪt v. give one s signature and thus receive liability; financially sponsor, support through donations; guarantee the sale of shares (Finance); provide insurance; write underneath or at the end of (a document) …   English contemporary dictionary

  • underwritten — UK [ˌʌndəˈrɪt(ə)n] / US [ˌʌndərˈrɪt(ə)n] underwrite …   English dictionary

  • underwritten — un•der•writ•ten [[t]ˌʌn dərˈrɪt n, ˈʌn dərˌrɪt [/t]] v. pp. of underwrite …   From formal English to slang

  • underwritten — /ˈʌndərɪtn/ (say unduhritn), /ʌndəˈrɪtn/ (say unduh ritn) verb past participle of underwrite …   Australian English dictionary

  • underwritten — /un deuhr rit n, un deuhr rit /, v. pp. of underwrite …   Useful english dictionary

  • Underwritten offering — A purchase and sale. The New York Times Financial Glossary …   Financial and business terms

  • underwritten offering — A purchase and sale. Bloomberg Financial Dictionary …   Financial and business terms

  • cash underwritten alternative — Also known as cash underpinning. An arrangement entered into by the bidder in an offer where the consideration consists of bidder shares, under which target shareholders may elect to receive cash instead of shares, the cash being provided by the… …   Law dictionary

  • fully underwritten deal — USA In the context of a bank loan financing, one or more initial lenders commits to fund 100% of the loans whether or not they are able to syndicate part of the loans to other lenders. Related terms best efforts deal (best efforts offering) …   Law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”