Learn English Irregular Verbs - Underwrite

underwrite /ʌndəˈrʌɪt/

  • 1 agree to financially support an activity, business plan etc and take responsibility for paying any costs if it fails:

    The foundation agreed to underwrite a trial seminar with a grant of half a million dollars.
    The government was willing to underwrite the construction of a plane.

  • 2 to agree to buy shares that are not bought by the investors when new shares are offered for sale:

    A company will usually, but not always, have its rights issue underwritten by an investment bank.

Past simple

  • underwrote

  • underwrit

Past participle

  • underwritten

  • underwrit

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