Underwrite: meaning, definitions and examples

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underwrite

[ ˈʌndərˌraɪt ]

^{Context #1}

insurance industry

Underwrite means to assume financial responsibility for a risk or venture. In the insurance industry, underwriters evaluate the risk factors involved in insuring a person or asset and determine the premium to be charged.

Synonyms

back, guarantee, insure

Examples of usage

Insurance companies underwrite policies to determine the level of risk involved.
The underwriter decided to approve the insurance application based on the risk assessment.
The underwriting process involves assessing the likelihood of a claim being made.
Investment banks also underwrite securities offerings for companies looking to raise capital.
Underwriting involves analyzing data to make informed decisions about risk.

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finance

In finance, underwrite refers to the process of guaranteeing a minimum level of proceeds from a security offering. Underwriters commit to purchasing unsold shares to ensure the success of the offering.

Synonyms

finance, fund, support

Examples of usage

The investment bank underwrote the initial public offering to provide financial support.
Underwriters play a crucial role in ensuring the success of new stock offerings.
Companies rely on underwriters to help them raise capital through the sale of securities.

Translations

Translations of the word "underwrite" in other languages:

🇵🇹 subscrever

🇮🇳 अंडरराइट

🇩🇪 versichern

🇮🇩 menjamin

🇺🇦 гарантувати

🇵🇱 ubezpieczyć

🇯🇵 引き受ける

🇫🇷 souscrire

🇪🇸 suscribir

🇹🇷 sigortalamak

🇰🇷 인수하다

🇸🇦 يكتتب

🇨🇿 pojistit

🇸🇰 poistiť

🇨🇳 承保

🇸🇮 zavarovati

🇮🇸 tryggja

🇰🇿 сақтандыру

🇬🇪 დაზღვევა

🇦🇿 sığortalamaq

🇲🇽 suscribir

Word origin

The term 'underwrite' originated in the 16th century from the Old English 'underwritan', meaning 'to sign at the bottom of a document'. Over time, it evolved to represent the act of assuming financial responsibility for a risk or venture. The concept of underwriting has since become integral to the insurance and finance industries, shaping the way risks are assessed and managed.