Underwrite
(verb)
- To guarantee financial support or sponsorship for (something).
- To sign as a guarantee of payment or fulfillment of obligation.
- To write or inscribe something beneath or underneath.
Origin:
Late 16th century, from under- "below" + write.
Examples:
- The bank will underwrite the loan for the new factory.
- The policy was underwritten by the insurance company.
- She underwrote her name on the bottom of the page.
- The company decided to underwrite the cost of the project.
- The bank has agreed to underwrite the bonds issued by the corporation.