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IELTS BNC: 19998 COCA: 12615
underwriteverb [ T ]uk/ˌʌn.dərˈaɪt/ us/ˈʌn.dɚ.raɪt/ underwrote, underwritten

If a bank or other organization underwrites an activity, it gives it financial support and takes responsibility for paying any costs if it fails.(银行或其他机构)为…提供财力支持并承担经济责任

specialized finance & economics If a company underwrites an insurance policy, someone's property, etc., that company has an agreement to pay out money in cases of damage or loss.为…承担保险责任,为…承保


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