Underwriting Meaning and Definition
What is the definition Underwriting? What is its meaning in the dictionary? Words starting with Underwriting, Antonyms, Related sentences, Example sentences, How to pronounce? Synonyms, Words ending with Underwriting, Derivations and more...
How to pronounce: ˈʌndəraɪt
1. Sign and accept liability under (an insurance policy), thus guaranteeing payment in case loss or damage occurs.
Example sentences: "The policy, underwritten at Lloyd's, indemnifies trustees against loss arising from wrongful acts"
2. (of a bank or other financial institution) pledge to buy all the unsold shares in (an issue of new shares)
Example sentences: "The purchase is being paid for by a share issue, which has been underwritten"
3. Write (something) below something else, especially other written matter.
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