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underwrite

/ˈʌndərˌraɪt/ verb · British & US
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What does underwrite mean?

verb

To guarantee the payment of (a loan or other financial obligation) or to provide financial support for (a project or business).

Example

"The bank agreed to underwrite the loan, providing the necessary funds to cover any potential losses."

Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.

Etymologically related

Synonyms for underwrite

Antonyms of underwrite

Rhymes with underwrite