underwrite

/ˌʌndəˈraɪt/verb

उच्चारण अन्डराइट

(किसी कार्य की) वित्तीय ज़िम्मेदारी लेना

Advanced word

verbunderwrote, underwritten, underwriting

1
[T] ~ sth formal
to accept financial responsibility for an activity so that you will pay for any losses it makes
(किसी कार्य की) वित्तीय ज़िम्मेदारी लेना
- The government has agreed to underwrite the cost of the new metro line.
Synonyms finance fund back sponsor guarantee
2
[T] ~ sth technical
to accept responsibility for an insurance policy so that you will pay money if loss or damage happens
बीमा का जोखिम उठाना
- The ship was underwritten by a group of insurance companies.
Synonyms insure
3
[T] ~ sth finance
to agree to buy any shares that are not bought by the public when new shares are offered for sale
(नए शेयरों की) हामीदारी करना
- Three banks underwrote the company's share issue.

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