underwrite

Back with funds

To underwrite is to guarantee financial responsibility for something, especially by signing a document.

Insurance companies underwrite policies, accepting risk in exchange for premiums.

Banks underwrite loans, agreeing to buy unsold shares if a stock offering fails.

The word extends to general support: The foundation underwrites local arts programs.

An underwriter is someone who performs this function.

insurance

policy

Adopted principle of action

deductible · actuary · reinsurance · beneficiary · liability · insurer · insured · casualty · indemnity · adjuster

guarantee

surety

Backer of obligation

guarantor · assurance · backing · promise · covenant · indemnity · security · warrant · cosign · standby

endorse

support

To uphold or sustain

patronage · championing · approval · sanction · promotion · recommendation · validation · sponsor · benefactor · fund

finance

capital

Wealth used for investment

syndicate · issuance · prospectus · IPO · equity · debt · portfolio · tranche · offering · allocation

Categories
Opposites
financial support/sponsorship

underwritedefund

Remove financial support

divest · abandon · disinvest

insurance/risk acceptance

underwritereject

Dismiss as unsuitable

refuse · turn down · exclude · disapprove · cancel

approval/guarantee

underwritereject

Dismiss as unsuitable

disapprove · repudiate · disclaim · invalidate · refuse

Phrases
Family

underwriter, underwriting, underwritten, underwrites, underwriters, underwritings

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Rated G