underwrite

verb — 8 senses

underwrite

verb

/ˈʌndəɹaɪt/ · /ʌndəˈɹaɪt/

Etymology From Middle English underwriten, from Old English underwrītan (“to write at the foot of, write under, subscribe”). Compare Dutch onderschrijven (“to endorse”), German unterschreiben (“to sign; endorse”), Danish underskrive (“to sign; endorse”). By surface analysis, under- + write.

8 senses
  1. 1To write below or under; subscribe.
  2. 2To subscribe (a document, policy etc.) with one's name.
  3. 3To sign; to put one's name to.
  4. 4To agree to pay by signing one's name; subscribe.
  5. 5Specifically, to assume financial responsibility for…
  6. 6To act as an underwriter.
  7. 7To support, lend support to, guarantee the basis of.
  8. 8To submit to; put up with.
1

To write below or under; subscribe.

2

Obsolete To subscribe (a document, policy etc.) with one's name.

3

To sign; to put one's name to.

4

To agree to pay by signing one's name; subscribe.

5

Specifically, to assume financial responsibility for something, and guarantee it against failure.

  • Dr. Beeching's obvious intent is that if Scottish—and similarly unprofitable English and Welsh—railways are to be maintained, it must be done by an unconcealed subsidy; he is determined that the railways shall no longer be preoccupied with—and derided for—immense deficits which include the burden of social services the State must openly underwrite, if it wants them.1962 October, “Talking of Trains: Passed to you, Mr. Macmillan”, in Modern Railways, page 220:
6

Business, Insurance To act as an underwriter.

  • The broker who procures the insurance […]ought not, by underwriting the policy, to deprive the parties of his unbiased testimony.1810, Samuel Marshall, Of marine insurance:
7

To support, lend support to, guarantee the basis of.

8

Obsolete To submit to; put up with.

  • Diſguiſe the holy ſtrength of their command: / And vnder write in an obſeruing kindec. 1602 (date written), William Shakespeare, “The Tragedie of Troylus and Cressida”, in Mr. William Shakespeares Comedies, Histories, & Tragedies […] (First Folio), London: […] Isaac Iaggard, and Ed[ward] Blount, published 1623, →OCLC, [Act II, scene iii]:
Derived terms
underwriter, underwriting

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.

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