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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.
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.
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