The act of guaranteeing the sale of a new issue of securities, such as stocks or bonds, by purchasing them from the issuer and selling them to the public.

The investment bank was responsible for the underwriting of the company's initial public offering.

The profession or field of assessing and assuming financial risk, especially in insurance or securities.

She built a successful career in underwriting.

underwritingadjective

Relating to the evaluation or assumption of risk for a fee.

Tighter underwriting standards were introduced after the crisis.

underwriteverb

To assume financial responsibility for a project, typically by providing a guarantee against loss.

The bank agreed to underwrite the new housing development, ensuring its financial stability.

To sign and accept liability under an insurance policy, thus guaranteeing payment in case of loss or damage.

The insurance company will underwrite the policy for the new car, covering any potential accidents.

To support or sponsor an event, activity, or publication financially.

The corporation decided to underwrite the charity concert, covering all the associated costs.

(Archaic) To write one’s name at the end of a document or text; to sign beneath.

The clerk underwrote the charter with an elegant flourish.