underwrite in a sentence
v. t.
๐ Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
To underwrite means to agree to take on the financial risk of a project or issuance, typically by providing funding or guaranteeing the sale of securities.
Sample Sentences
- The bank agreed to underwrite the companyโs new bond issuance.
- In order to secure funding, the startup needed to find an investor willing to underwrite its project.
- Insurance firms typically underwrite policies by assessing the risk involved.
- The venture capital firm decided to underwrite the tech startup's expansion plans.
- Before launching the event, the organizers sought sponsors to underwrite the costs.
- The bank agreed to underwrite the new housing development project.
- In order to launch the startup, they needed an investor willing to underwrite their initial costs.
- Insurance companies typically underwrite policies based on the risk associated with the applicant.
- The venture capital firm decided to underwrite the innovative technology that promised to revolutionize the industry.
- Investors were hesitant to underwrite the film due to its unconventional narrative and high budget.