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Verb: underwrite (underwrote,underwritten)  ,ún-du(r)'rIt
  1. Guarantee financial support of
    "The government underwrote the new arts program";
    - subvention, subvent
     
  2. Protect by insurance
    "The insurance won't underwrite this";
    - cover, insure

Derived forms: underwrites, underwriting, underwrote, underwritten

Type of: guarantee, undertake, warrant

Encyclopedia: Underwrite