How Do You Spell UNDERWRITE?

1. Underwrite is a verb that can have multiple meanings depending on the context. In general, it refers to the act of assuming financial responsibility or providing a guarantee for something.

   One common usage of underwrite is in the field of insurance. Here, underwrite means the process of agreeing to take on the financial risk of an insurance policy, typically by an insurance company. When an insurer underwrites a policy, it assesses the risks associated with the insured person or property and determines the premium that should be charged. By underwriting the policy, the insurer pledges to pay for any covered losses or damages that may occur during the policy period.

   Underwriting can also refer to the process of providing financial support for investments, such as when a bank underwrites a loan or an investment bank underwrites a stock offering. In these cases, the underwriter guarantees the purchase of the securities being offered, assuring the issuer that funds will be raised. This often involves evaluating the financial health and potential risks of the issuer, as well as setting the terms of the offering.

   Furthermore, underwrite can also mean to endorse or support something, often in a non-financial sense. For example, a publication might underwrite a research study, indicating its endorsement of the study's findings or the researcher's work.

   Overall, underwrite encapsulates the idea of assuming financial or moral responsibility, pledging support, or providing a guarantee for various activities or entities.

2. To subscribe, as one's name for insurance; to practise insuring.

   Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.

Top Common Misspellings for UNDERWRITE *

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Other Common Misspellings for UNDERWRITE

The word "underwrite" originated from Old English and was formed by combining "under" and "write". In Old English, the verb "underwritan" meant "to sign one's name underneath a document" or "to endorse". The prefix "under-" denoted the action of writing beneath or undersigning, often indicating the assumption of responsibility or guaranteeing of a financial obligation. Over time, "underwrite" came to be specifically associated with insuring or guaranteeing financial risks, such as policies or loans.

Similar spelling words for UNDERWRITE

Conjugate verb Underwrite

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