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to underwrite
01
to financially support a project, activity, etc. and take responsibility for potential loss
02
to promise to cover potential financial loss through an insurance agreement
underwrite
v
write
v
Example
The investment firm is currently underwriting a public offering for a tech company.
The university has recently underwritten scholarship programs to support students.
Investors are hesitant to underwrite new tech startups without seeing a prototype first.
Banks may choose to underwrite loans by providing financial backing for borrowers.
If we underwrite this venture and it fails, our company could face significant financial loss.
