0 If a bank or other organization underwrites an activity, it gives it financial support and takes responsibility for paying any costs if it fails.
1 to support something that costs money by promising to pay for it, or by promising to pay if necessary to protect others who are risking their money:
The museum show was largely underwritten by a grant from the government of Sweden.
2 to give an activity financial support and take responsibility for paying any costs if it fails:
He underwrote a friend's development company in New York.
Many businesses have underwritten the event.
3 if a company underwrites an insurance policy or someone's property, it agrees to pay out money in cases of damage, loss, etc.:
4 if a financial organization underwrites new shares when they are offered for sale, it agrees to buy any shares that are not sold:
Are these higher flights of thinking special to humans, and if so, what is it about us that underwrites this fact?
The absence of a plausible, independent story underwriting the introduction of such correlation rendered the explanatory story suspect.
As we have seen, intellectuals generally do allow their existence to be underwritten by the contrasting features of elsewheres.
With high capital requirements for underwriting guaranteed annuities, new less capital-intensive designs will need to be developed in order to meet capacity needs.
Together, these two convictions underwrote the commitment of the government to a rapid liberalisation of the economy and the sale of even the most strategic enterprises.
They underwrote the cost of phase 1, but they have not provided the money for the subsequent three appeal phases.
The names of the firms underwriting the offers for sale of the regional electricity companies are set out in the prospectus.
They made a contribution but were not called upon to fulfil the complete guarantee that they had underwritten.
