underwritten

Insured against loss

Underwritten is the past participle of underwrite.

In insurance, to underwrite is to assume financial responsibility for risk: The policy was underwritten by Lloyd's of London.

In finance, underwriters guarantee the sale of securities, agreeing to purchase any unsold shares.

More broadly, something underwritten has been financially supported or sponsored: The exhibition was underwritten by a local bank.

The literal sense—to write beneath, as in signing one's name at the bottom of a document—explains the figurative extension to guaranteeing or backing something.

sponsorship

funded

Provided with money

supported · patronized · bankrolled · guaranteed · endowed · capitalized · promoted · enabled · facilitated · sustained

insurance

policy

Adopted principle of action

reinsurance · claims · deductible · liability · indemnity · actuary · exclusions · solvency · casualty · risk pool

finance

securities

Tradeable financial assets

  • debtMoney owed another
  • equityImpartial treatment or ownership value
  • loansBorrowed money arrangements

capital · funding · investment · guarantee · collateral · syndicate · tranche · bonds · IPO · offering

undervalued

overlooked

Not noticed or considered

unacknowledged · unsung · uncelebrated · underemphasized · downplayed · overshadowed · unnoticed · neglected · understated · marginalized

Categories
Opposites
financial backing/guarantee

underwrittenself-funded

Paid with own resources

unsponsored · unbacked · unguaranteed · unsupported · unfunded

risk assumption

underwrittendeclined

Refused or diminished

rejected · refused · unaccepted · passed on · turned down

Family

under, write, written, rewrite, underrate, underwriter, underrated, underwrite, overwrite

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