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  1. Oxford American Dictionary

    underwrite

    • IPA[ˈəndə(r)ˌrīt]

    美式

    • v.
      sign and accept liability under (an insurance policy), thus guaranteeing payment in case loss or damage occurs.；accept (a liability or risk) under an insurance policy

    • verb: underwrite, 3rd person present: underwrites, gerund or present participle: underwriting, past tense: underwrote, past participle: underwritten

    • 釋義

    動詞

    • 1. sign and accept liability under (an insurance policy), thus guaranteeing payment in case loss or damage occurs.
    • ▪ accept (a liability or risk) under an insurance policy the insurance companies have underwritten just over half the risk
    • 2. (of a bank or other financial institution) pledge to buy all the unsold shares in (an issue of new securities).
    • ▪ undertake to finance or otherwise support or guarantee (something) they were willing to underwrite the construction of a ship
    • 3. archaic write (something) below something else, especially other written matter each subscriber should underwrite his reason for the place he allots his candidate