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Underwrite   /ˈəndərrˌaɪt/   Listen
Underwrite

verb
(past underwrote, obs. underwrit; past part. underwritten, obs. underwrit; pres. part. underwriting)
1.
Guarantee financial support of.  Synonyms: subvent, subvention.
2.
Protect by insurance.  Synonyms: cover, insure.



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"Underwrite" Quotes from Famous Books



... transatlantic cable had been promoted by a man of Field's business ability and financial standing. Through his efforts, a governmental charter was secured and a company of prominent New Yorkers was formed to underwrite the venture. An unsuccessful attempt to lay the cable was made by the company in 1857. Field tried again in 1858; on the fourth attempt he was successful and immediately acclaimed as the "genius of ...
— Presentation Pieces in the Museum of History and Technology • Margaret Brown Klapthor


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