Looking for the meaning of the word UNDERWRITTEN in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of UNDERWRITTEN with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Underwrite
Speech Type: Verb
ˌʌndəˈrʌɪt
ˈʌndərʌɪt
sign and accept liability under (an insurance policy), thus guaranteeing payment in case loss or damage occurs
Short Definition:sign and accept liability under insurance policy, thus guaranteeing payment in case loss or damage occurs
Examples:- the policy, underwritten at Lloyd's, indemnifies trustees against loss arising from wrongful acts
- the individuals whose assets support underwriting at Lloyd's
(of a bank or other financial institution) pledge to buy all the unsold shares in (an issue of new shares)
Short Definition:(of bank or other financial institution) pledge to buy all unsold shares in
Examples:- the purchase is being paid for by a share issue, which has been underwritten
write (something) below something else, especially other written matter
Short Definition:write something below something else
Examples:- each subscriber should underwrite his reason for the place he allots his candidate
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