"Underwrote" Pronounce,Meaning And Examples

"Underwrote" Meaning

To provide financial support or security for something, especially an investment or a loan, by promising to take over its costs or losses if necessary.

"Underwrote" Examples

5 Examples of "Underwrote"

Example 1

Child: "Dad, I really can't afford this new bike."
Father: "Don't worry. My insurance policy underwrites these kids' purchases up to $200."

Example 2

Professor Samuel: "The company's product development has really taken off, and their expansion strategy was underwritten by investors."

Example 3

Government: "Our emergency relief fund underwrites food, shelter, and medical care for those in crisis."

Example 4

"There was no newspaper or TV showing cash-up-front prices. Thus, the view that eyebrows were raised about putting buyers off is underwritten, so families avoid shopping online."

Example 5

British car manufacturers used to say the company that would underwrite or guarantee the covering of the manufacturer’s direct from vendor costs of a goods-supply agreement becoming canceled.