underwrote in English
verb
1
sign and accept liability under (an insurance policy), thus guaranteeing payment in case loss or damage occurs.
Some are insurance policies, underwritten by insurers; whereas others are written as ‘service contracts’ in order to avoid insurance premium tax.
2
(of a bank or other financial institution) engage to buy all the unsold shares in (an issue of new securities).
In addition, most of the clearing banks underwrite new issues of commercial paper and, like the merchant banks, provide lines of credit to their commercial customers.
3
write (something) below something else, especially other written matter.
verb
Use "underwrote" in a sentence
Below are sample sentences containing the word "underwrote" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "underwrote", or refer to the context using the word "underwrote" in the English Dictionary.
1. 23 The publisher whose trust fund underwrote our paper costs shuttered the company and informed the employees of this mass firing via her personal blog.