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underwrite

[uhn-der-rahyt, uhn-der-rahyt]
verb (used with object), underwrote, underwritten, underwriting.
1.
to write under or at the foot of, especially under other written matter.
2.
to sign one's name, as to a document.
3.
to show agreement with or to support by or as if by signing one's name to, as a statement or decision.
4.
to bind oneself to contribute a sum of money to (an undertaking): Wealthy music lovers underwrote the experimental concerts.
5.
to guarantee the sale of (a security issue to be offered to the public for subscription).
6.
Insurance.
a.
to write one's name at the end of (a policy), thereby becoming liable in case of certain losses specified in the policy.
b.
to insure.
c.
to assume liability to the extent of (a specified sum) by way of insurance.
d.
to select or rate (risks) for insurance.
verb (used without object), underwrote, underwritten, underwriting.
7.
to underwrite something.
8.
to carry on the business of an underwriter.

Origin:
1400–50; late Middle English, translation of Latin subscrībere to write underneath, sign, subscribe

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
underwrite (ˈʊndəˌraɪt, ˌʌndəˈraɪt)
 
vb , -writes, -writing, -wrote, -written
1.  finance to undertake to purchase at an agreed price any unsold portion of (a public issue of shares, etc)
2.  to accept financial responsibility for (a commercial project or enterprise)
3.  insurance
 a.  to sign and issue (an insurance policy) thus accepting liability if specified losses occur
 b.  to insure (a property or risk)
 c.  to accept liability up to (a specified amount) in an insurance policy
4.  to write (words, a signature, etc) beneath (other written matter); subscribe
5.  to support or concur with (a decision, statement, etc) by or as if by signature

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Etymonline
Word Origin & History

underwrite
c.1430, loan-translation of L. subscribere (see subscribe). Used literally at first; modern sense of "to accept the risk of insurance" (1622) is from notion of signing a marine insurance policy. Meaning "to support by a guarantee of money" is recorded from 1890.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
If this bee can work as a pollinator its initial setup to function in agriculture should be underwritten by any number of sources.
The meeting was free, its costs underwritten by pharmaceutical companies, which had set up marketing booths in the entryway.
But these are not the zero-sum, repent-or-burn outcomes that have underwritten the business so effectively over the years.
And it's underwritten much of my own thinking and scholarship over the years.
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