American Dictionary

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Definition underwrite in American English

underwrite verb

[transitive] verb
/ˌʌndərˈraɪt/
1

to invest money to help someone to start a new project

Example

We are looking for someone to underwrite our new stadium.

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2

to protect someone from loss with an insurance policy

Synonyms and related words
2.1

to protect a company from loss by agreeing to buy any remaining stock that is not bought by the public when the stock first becomes available for sale

Synonyms and related words
Definition underwrite in American English