Throughout the 80s, that policy continued even though interest rates on the investments that underwrote the policies were falling.
The commission insisted that the city council underwrote the cost of the scheme.
For half a generation they had existed on fixed margins which the government underwrote; the government did all the buying and took all the risks.
Before privatisation, it was the taxpayer who inevitably underwrote investment.
It is common knowledge there that he renewed and underwrote those obligations and said that we would honour our word.
They underwrote the cost of phase 1, but they have not provided the money for the subsequent three appeal phases.
But the science of lunar influence and the medical theory of the humours underwrote and authorized the lunar calendars, which in turn helped authorize other sorts of calendar prognostics.
Steeply progressive income taxes underwrote a comprehensive welfare state, with government-financed pensions, health care and education.