单词 | underwrite |
释义 | underwrite (once / 2427 pages) v To underwrite is to insure or promise to be financially responsible in case of loss or damage. An insurance agent can underwrite your renter's insurance policy, which protects you if there's a fire or robbery, for example. Insurance companies can underwrite, estimating the value of a life or property, and so can large banks — when a bank underwrites a loan, it means they carefully check the borrower's credit history. The word underwrite comes from the Old English underwritan, "write at the foot of," and originally is exactly what underwriters did, signing their names at the bottom of an assessment of risk, promising to pay in case of disaster in exchange for a set amount of money. WORD FAMILYunderwrite: underwriter, underwrites, underwriting, underwritten, underwrote+/overwrite: overwrites, overwriting, overwritten, overwrote/rewrite: rewriter, rewrites, rewriting, rewritten, rewrote/rewriter: rewriters/rewriting: rewritings/underwriter: underwriters/write: overwrite, rewrite, underwrite, writer, writes, writing, written, wrote/writer: writers/writing: writings/written: unwritten USAGE EXAMPLESBill benefits helped underwrite his college studies, and his brother was on active duty. New York Times(Dec 28, 2016) Were IndyMac executives powerless to offer anything but poorly underwritten mortgages? Wall Street Journal(Dec 26, 2016) Weak underwriting practices were a red flag in the run-up to the 2008 financial crisis, when the banking system became awash in junk mortgages. Reuters(Dec 20, 2016) 1v protect by insurance Syn|Hypo|Hyper cover, insure cover to take an action to protect against future problems compensate, cover, overcompensatemake up for shortcomings or a feeling of inferiority by exaggerating good qualities reinsure insure again by assuming all or a part of the liability of an insurance company already covering a risk indemnifysecure against future loss, damage, or liability; give security for guarantee, warrant stand behind and guarantee the quality, accuracy, or condition of 2v guarantee financial support of Syn|Hyper subvent, subvention guarantee, undertake promise to do or accomplish |
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