Hypertext Webster Gateway: "underwrite"

From Webster's Revised Unabridged Dictionary (1913) (web1913)

Underwrite \Un`der*write"\, v. t. [imp. {Underwrote}, Obs.
{Underwrit}; p. p. {Underwritten}, Obs. {Underwrit}; p. pr. &
vb. n. {Underwriting}.]
1. To write under something else; to subscribe.

What addition and change I have made I have here
underwritten. --Bp.
Sanderson.

2. To subscribe one's name to for insurance, especially for
marine insurance; to write one's name under, or set one's
name to, as a policy of insurance, for the purpose of
becoming answerable for loss or damage, on consideration
of receiving a certain premium per cent; as, individuals,
as well as companies, may underwrite policies of
insurance. --B. Jonson.

The broker who procures the insurance ought not, by
underwriting the policy, to deprive the parties of
his unbiased testimony. --Marshall.

From Webster's Revised Unabridged Dictionary (1913) (web1913)

Underwrite \Un`der*write"\, v. i.
To practice the business of insuring; to take a risk of
insurance on a vessel or the like.

From WordNet (r) 1.7 (wn)

underwrite
v 1: guarantee financial support of; "The opera tour was
subvented by a bank" [syn: {subvent}]
2: protect by insurance; "The insurance won't cover this" [syn:
{cover}, {insure}]


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