Langimage
English

underwrite

|un-der-write|

C1

🇺🇸

/ˈʌndərˌraɪt/

🇬🇧

/ˈʌndəˌraɪt/

financial guarantor

Etymology
Etymology Information

'underwrite' originates from Middle English, specifically the word 'underwriten,' where 'under-' meant 'beneath' and 'writen' meant 'to write.'

Historical Evolution

'underwriten' transformed into the modern English word 'underwrite' through Middle English.

Meaning Changes

Initially, it meant 'to write beneath,' but over time it evolved into its current meaning of 'to assume financial responsibility.'

Meanings by Part of Speech

Verb 1

to assume financial responsibility for a project or venture, often by providing insurance or a guarantee.

The bank agreed to underwrite the new housing development.

Synonyms

Antonyms

Verb 2

to sign and accept liability under (an insurance policy), thus guaranteeing payment in case of loss or damage.

The company underwrites policies for various types of insurance.

Synonyms

Antonyms

Last updated: 2025/01/11 11:42