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to underwrite
01
to financially support a project, activity, etc. and take responsibility for potential loss
Transitive: to underwrite a venture
Example
Investors are hesitant to underwrite new tech startups without seeing a prototype first.
If we underwrite this venture and it fails, our company could face significant financial loss.
Banks may choose to underwrite loans by providing financial backing for borrowers.
02
to promise to cover potential financial loss through an insurance agreement
Transitive: to underwrite sth
Example
With the unpredictable weather patterns, many homeowners found it challenging to have their properties underwritten.
Many travelers get their trips underwritten to safeguard against unexpected cancellations.
The company was hesitant to underwrite properties in areas prone to wildfires.
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