underwrite
Definitions
To accept financial risk by providing insurance coverage for a person, property, or venture.
To agree to purchase an entire new issue of securities from a company or government to guarantee the sale.
To sign and accept liability under an insurance policy or financial agreement.
Examples
The bank agreed to underwrite the company's initial public offering to ensure all shares were sold.
The government decided to underwrite the insurance policy for the new infrastructure project to mitigate potential financial risks.