underwrite

/ˌʌndəɹˈa‍ɪt/

/ˈəndɝˌɹaɪt/

to underwrite

MAIN VERB

to financially support a project, activity, etc. and take responsibility for potential loss

synonyms : subvent

to promise to cover potential financial loss through an insurance agreement

synonyms : cover

Examples

1. The MetLife foundation is underwriting a program to teach the girls financial literacy.

2. So it underwrote it.

3. So Goldman Sachs has underwritten a program to teach entrepreneurship.

4. Underwriting never changes.