underwrite
|un-der-write|
C1
🇺🇸
/ˈʌndərˌraɪt/
🇬🇧
/ˈʌndəˌraɪt/
financial guarantor
Etymology
Etymology Information
'underwrite' originates from Middle English, specifically the word 'underwriten,' where 'under-' meant 'beneath' and 'writen' meant 'to write.'
Historical Evolution
'underwriten' transformed into the modern English word 'underwrite' through Middle English.
Meaning Changes
Initially, it meant 'to write beneath,' but over time it evolved into its current meaning of 'to assume financial responsibility.'
Meanings by Part of Speech
Verb 1
to assume financial responsibility for a project or venture, often by providing insurance or a guarantee.
The bank agreed to underwrite the new housing development.
Synonyms
Antonyms
Idioms
Last updated: 2025/01/11 11:42
