Underwrite (verb) – To accept financial responsibility for an asset or activity so that you will pay for losses it may make

(Pronounced uhn-duh-rite)

To remember the definition of the word underwrite, use the following mnemonic:

My house was underwater, so the insurer did the right (underwrite) thing and paid out. They had accepted financial responsibility to pay for any losses.

Examples of underwrite (verb) in a sentence

The king was willing to underwrite the construction of the ship.

The government agreed to underwrite the housing project with a grant of £20 million.

If you don't underwrite this film, the entire project will have to be scrapped.