Underwrite

Definition of Underwrite

Un`der`write´
v. t.1.To write under something else; to subscribe.
[imp. Underwrote Obs. Underwrit ( ); p. p. Underwritten Obs. Underwrit; p. pr. & vb. n. Underwriting.]
What addition and change I have made I have here underwritten.
- Bp. Sanderson.
2.To subscribe one's name to for insurance, especially for marine insurance; to write one's name under, or set one's 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.
The broker who procures the insurance ought not, by underwriting the policy, to deprive the parties of his unbiased testimony.
- Marshall.
v. i.1.To practice the business of insuring; to take a risk of insurance on a vessel or the like.

Related Words

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Underturn
Undervaluation
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Undervest
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Underwear
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Underwhelm
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-Underwrite-
Underwriter
Underwriting
Underyoke
Undeserve
Undeserver
Undesigning
Undestroyable
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Undeterminate
Undetermination
Undevil
Undevotion
Undid
Undifferentiated
Undigenous
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Undine
Undiocesed
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