meaning of underwrite
1. To write under something else; to subscribe.
2. To subscribe ones name to for insurance, especially for marine insurance; to write ones name under, or set ones 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.
3. To practice the business of insuring; to take a risk of insurance on a vessel or the like.
4. guarantee financial support of; "The opera tour was subvented by a
">bank"
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