underwrite

underwrite
un·der·write /'ən-dər-ˌrīt, ˌən-dər-'rīt/ vt -wrote /-ˌrōt, -'rōt/, -writ·ten, /-ˌrit-ən, -'rit-ən/, -writ·ing
1 a: to assume liability for (a risk) as an insurer
the insurer underwrite s individuals, not the group, in franchise health insurance
b: to issue or set the terms of (an insurance policy)
2: to agree to purchase (all or part of a security issue) usu. on a fixed date at a fixed price with the purpose or plan to resell by means of a public offering
was a security brokerage firm which as part of its business underwrote speculative new issuesUFITEC, S.A. v. Carter, 135 Cal. Rptr. 607 (1977)
3 a: to put up funds for or guarantee financial support of
b: to assess the risk of (as a loan)

Merriam-Webster’s Dictionary of Law. . 1996.

underwrite
I verb agree to support, assume a risk, assure, back, consent to support, countersign, endorse, finance, fund, guarantee, guaranty, insure, pledge, promise, secure, shoulder, sponsor, support, take responsibility, undertake, uphold, vouch for II index assure (insure), authorize, avouch (guarantee), bond (secure a debt), close (agree), cosign, ensure, guarantee, indorse, promise (vow), sign, sponsor, subscribe (sign), subsidize, vouch

Burton's Legal Thesaurus. . 2006


underwrite
v.
(1) To insure; to accept the liability for something.
(2) To agree to buy all unsold shares from an issue of stocks or bonds.
(3) To provide financial support for some enterprise.
n.
underwriting

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


underwrite
1) To agree to pay an obligation which may arise from an insurance policy.
2) To guarantee purchase of all shares of stock or bonds being issued by a corporation, including an agreement to purchase by the underwriter if the public does not buy all the shares or bonds.
3) To guarantee by investment in a business or project.
Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & Finances
Category: Business Cash Flow Problems & Bankruptcy
Category: Business, LLCs & Corporations → Business Tax & Deductions
Category: Personal Finance & Retirement → Taxes → Tax Audits

Nolo’s Plain-English Law Dictionary. . 2009.


underwrite
To insure; to sell an issue of stocks and bonds or to guarantee the purchase of unsold stocks and bonds after a public issue.

Dictionary from West's Encyclopedia of American Law. 2005.


underwrite
To insure; to sell an issue of stocks and bonds or to guarantee the purchase of unsold stocks and bonds after a public issue.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

underwrite
v.
   1) to agree to pay an obligation which may arise from an insurance policy.
   2) to guarantee purchase of all shares of stock or bonds being issued by a corporation, including an agreement to purchase by the underwriter if the public does not buy all the shares or bonds.
   3) to guarantee by investment in a business or project.

Law dictionary. . 2013.

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Synonyms:

Look at other dictionaries:

  • 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… …   The Collaborative International Dictionary of English

  • underwrite — [un′dər rīt′] vt. underwrote, underwritten, underwriting [ME underwriten, orig. used as transl. of L subscribere: see SUBSCRIBE] 1. Archaic to write under something, esp. under something written; subscribe 2. to agree to buy (an issue of stocks,… …   English World dictionary

  • Underwrite — Un der*write , v. i. To practice the business of insuring; to take a risk of insurance on a vessel or the like. [1913 Webster] …   The Collaborative International Dictionary of English

  • underwrite — early 15c., from UNDER (Cf. under) + WRITE (Cf. write) (v.). A loan translation of L. subscribere (see SUBSCRIBE (Cf. subscribe)). Used literally at first; modern sense of to accept the risk of insurance (1620s) is from notion of signing a marine …   Etymology dictionary

  • underwrite — [v] endorse, insure accede, agree to, angel*, approve, back, bankroll*, collateral, consent, countersign, endow, finance, float, fund, guarantee, help, initial, okay*, pay, provide, provide financing, sanction, seal, secure, sign, sponsor, stake …   New thesaurus

  • underwrite — ► VERB (past underwrote; past part. underwritten) 1) sign and accept liability under (an insurance policy). 2) undertake to finance or otherwise support or guarantee. DERIVATIVES underwriter noun …   English terms dictionary

  • Underwrite — To guarantee, as to guarantee the issuer of securities a specified price by entering into a purchase and sale agreement. To bring securities to market. The New York Times Financial Glossary * * * underwrite un‧der‧write [ˌʌndəˈraɪt] verb… …   Financial and business terms

  • underwrite — To guarantee, as to guarantee the issuer of securities a specified price by entering into a purchase and sale agreement . To bring securities to market. Bloomberg Financial Dictionary * * * underwrite un‧der‧write [ˌʌndəˈraɪt] verb underwrote… …   Financial and business terms

  • underwrite — UK [ˌʌndəˈraɪt] / US [ˌʌndərˈraɪt] verb [transitive] Word forms underwrite : present tense I/you/we/they underwrite he/she/it underwrites present participle underwriting past tense underwrote UK [ˌʌndəˈrəʊt] / US [ˌʌndərˈroʊt] past participle… …   English dictionary

  • underwrite — /ˌʌndə raɪt/ verb 1. to accept responsibility for something ♦ to underwrite a share issue to guarantee that a share issue will be sold by agreeing to buy all shares which are not subscribed ● The issue was underwritten by three underwriting… …   Dictionary of banking and finance

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